Company Information

Get to know Berkeley Payment Solutions

Founded in 2005, Berkeley Payment Solutions is a Canadian company specializing in creating and managing custom prepaid card programs for businesses. They offer turnkey solutions for corporate incentives, consumer promotions, and G2C (Government-to-Consumer) disbursements using the Mastercard and Visa networks. Their services enable organizations to replace traditional payment methods like cheques and cash with branded physical or virtual prepaid cards. In November 2020, Berkeley was acquired by EML Payments (ASX: EML), a global payments technology company, and now operates as part of its global group, expanding its capabilities and reach.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

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Berkeley Payment Solutions

Canada

Founded in

2005 (21 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.