Company Information

Get to know npso

NPSO (New Payment System Operator) was established to consolidate the UK's retail payment scheme operators. In 2018, it brought together Bacs Payment Schemes Limited, Faster Payments Scheme Limited, and the Cheque and Credit Clearing Company, officially rebranding as Pay.UK. The company's mission is to manage and develop the UK's core payment infrastructure, including the Bacs Payment System, the Faster Payment System, and the image-based Cheque Clearing System, ensuring secure, efficient, and reliable payment services for the entire UK economy.

Industry

Financial PaymentPRIMARY
Financial Other Service

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npso

United Kingdom

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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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.

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.