Company Information

Get to know PayEx

Founded in 1972 in Gotland, Sweden, PayEx has grown into a significant payment solutions company in the Nordic region. In 2017, the company was acquired by Swedbank, one of the largest banks in the region. Following the acquisition, PayEx merged with Swedbank's card acquiring business to rebrand and launch as Swedbank Pay in 2019. The company's mission is to simplify payments for merchants and their customers by providing a unified solution for all sales channels, including online, in-store, and invoicing, thereby creating a seamless shopping experience.

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Financial PSP GatewayPRIMARY
Financial Other Service

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PayEx

Sweden

Founded in

1972 (54 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 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.