Company Information

Get to know FOCUSONE Payment Solutions (MOCO - Digital Wallet)

FOCUSONE Payment Solutions Ltd is a technology-focused company based in Mauritius, licensed by the Bank of Mauritius as a Payment Service Provider. The company's flagship product is MOCO, a digital wallet designed to simplify and secure daily financial transactions for Mauritian consumers. MOCO enables users to make instant payments via QR codes at a wide network of merchants, pay utility bills, transfer money to peers, and top up mobile credits directly from their smartphones, aiming to accelerate the country's transition towards a cashless economy.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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FOCUSONE Payment Solutions (MOCO - Digital Wallet)

Nepal

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

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.