Company Information

Get to know PayProff

Founded in 2017 and headquartered in Denmark, PayProff A/S is a payment institution authorized by the Danish Financial Supervisory Authority. The company's mission is to eliminate fraud in online trading by providing a secure and simple escrow service. Their platform ensures safety for both buyer and seller by holding the buyer's payment in a secure client account. The funds are only released to the seller once the buyer has received and approved the goods or service, mitigating risks associated with high-value peer-to-peer and business-to-business transactions.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial Payment

Contact

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PayProff

Denmark

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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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.

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(180 reviews)

Cyprus

2017

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Security Information :

Company hasn't provided information.

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.