Company Information

Get to know CyberCash

Founded in 1994 by Dan Lynch and William N. Melton, CyberCash, Inc. was one of the first companies to develop a secure payment system for e-commerce. It aimed to be the "cash register for the Internet," offering services for credit card processing, micropayments (via its "CyberCoin" system), and electronic checks. Despite its innovative technology and early start in the dot-com era, the company faced significant competition and struggled to achieve profitability. CyberCash filed for Chapter 11 bankruptcy in March 2001, and its assets, including its payment gateway business, were subsequently acquired by VeriSign, which later sold them to PayPal in 2005.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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CyberCash

Bermuda

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.