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United Kingdom
2005 (21 Years)
Last online: No recent activity
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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.
Get to know Conferma
Company Information
Get to know Conferma
Founded in 2005, Conferma Pay pioneered the use of Virtual Card Numbers (VCNs) for business-to-business payments. The company operates as a fintech platform connecting card issuers (banks) with corporate clients, travel management companies (TMCs), and online booking tools (OBTs). Its technology generates single-use virtual card details for specific transactions, enhancing security and simplifying reconciliation for corporate travel and procurement expenses. In August 2022, Conferma Pay was acquired by Sabre Corporation, a leading technology provider to the global travel industry, to further integrate secure and efficient payment solutions into the travel ecosystem.
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