Company Information

Get to know Praxis Financial Services

Founded in 2014, Praxis Tech is a leading payment technology provider dedicated to streamlining the world of online payments. The company offers a comprehensive payment orchestration platform that connects merchants to a vast network of over 540 Payment Service Providers (PSPs) and more than 1000 alternative payment methods. Praxis focuses on helping online businesses, particularly in high-volume industries, to increase their payment approval rates through features like smart transaction routing, decline recovery tools, and robust risk management.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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Praxis Financial Services

South Africa

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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This company is currently Unproved.

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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.