Company Information

Get to know Payment Transaction Systems

Payment Transaction Systems, which operates under the brand name PayTabs, was founded in 2014 by Abdulaziz Aljouf in Saudi Arabia. The company's mission is to provide simple, secure, and innovative online payment solutions to businesses of all sizes. Initially launched as Saudi Arabia's first homegrown payment gateway, PayTabs has since expanded its operations across the Middle East, North Africa (MENA), and other emerging markets. It offers a comprehensive suite of B2B payment services, including a secure payment gateway, advanced fraud prevention systems, and tools to help merchants scale their businesses online.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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Payment Transaction Systems

United States

Founded in

1999 (27 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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.