Company Information

Get to know MadfooatCom

Founded in 2011, MadfooatCom is a leading financial technology company in the MENA region, specializing in digital payment solutions. Its flagship service, eFAWATEERcom, was established in partnership with the Central Bank of Jordan to serve as the country's official EBPP gateway. The platform connects banks, billers, and consumers, allowing for real-time, secure inquiry and payment of bills and services online. The company's mission is to provide innovative, accessible, and secure financial services to streamline payment processes for individuals and businesses.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service
Financial Payment

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MadfooatCom

Jordan

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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(180 reviews)

Cyprus

2017

(9 years)

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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.