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Company Information

Get to know IOT Pay

IOT Pay is a fintech company founded to bridge the gap between Canadian merchants and global consumers. The company provides a comprehensive payment gateway that enables businesses to accept a wide array of payment methods, including traditional credit cards like Visa and Mastercard, as well as popular Asian mobile payment systems such as WeChat Pay, AliPay, and UnionPay. Their mission is to simplify cross-border transactions and help local businesses thrive in the global marketplace by offering secure and seamless point-of-sale (POS) and e-commerce payment solutions.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service
Financial Payment

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IOT Pay

Canada

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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Regulated

TrustFinance

(968 reviews)

Singapore

2020

(5 years)

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Security Information

Warning

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.