Company Information

Get to know CellPay Corporation

CellPay is a payment service operated by Cellcom Pvt. Ltd., a technology and service provider based in Nepal. Launched in 2019, CellPay is licensed by the Nepal Rastra Bank (the central bank of Nepal) and operates as a Payment Service Provider (PSP). The company's mission is to contribute to a cashless society by providing a simple and secure way for customers to make real-time payments. The service allows users to link their bank accounts to pay for utility bills, merchant purchases, and transfer funds directly from their bank accounts without the need to load a digital wallet.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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CellPay Corporation

United States

Founded in

07 May 2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Security Information

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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.