Company Information

Get to know MPay EG

MPay S.A.E. is an Egyptian joint stock company established in 2019 and licensed by the Central Bank of Egypt to provide integrated digital payment solutions. The company's mission is to empower seamless and secure electronic transactions, contributing to Egypt's digital transformation. For individual consumers, MPay offers a mobile application for services like bill payments, mobile credit top-ups, and online shopping. For businesses, it provides comprehensive payment acceptance solutions, including online payment gateways and Point of Sale (POS) systems, to facilitate a smooth transition to digital payments.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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MPay EG

Egypt

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.