Company Information

Get to know Paymark

Founded in 1989, Paymark built and operates New Zealand's primary EFTPOS network, which processes over 75% of the country's electronic transactions. The company provides a secure and reliable payments network, connecting merchants with banks and credit card companies to facilitate in-store, online, and mobile payments. In 2018, Paymark was acquired by the global payments leader Ingenico Group, and is now part of Worldline following Worldline's acquisition of Ingenico in 2020. It continues to operate under the Paymark brand within New Zealand, focusing on innovation and security in the payments ecosystem.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service
Financial Payment

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Paymark

New Zealand

Founded in

1989 (37 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)

Security Information :

FSCA

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.