Company Information

Get to know Buyster

Buyster was a mobile payment service launched in France in 2011 by a consortium of major French telecommunications operators—Orange, SFR, and Bouygues Telecom—in partnership with the technology company Atos. The service allowed users to pay for online goods and services by entering their mobile number and a personal PIN code, with the transaction being charged either to their phone bill or a linked bank card. The mission was to provide a simple, secure alternative to traditional online card payments. Despite the backing of major industry players, Buyster struggled to achieve widespread consumer and merchant adoption and was officially discontinued in 2016.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Buyster

France

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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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.