Company Information

Get to know Professional Payments, LLC

Founded in 1997, ProPay provides comprehensive payment processing services, including merchant accounts, credit card processing, and mobile payment solutions. The company's mission is to offer simple, secure, and affordable options for organizations ranging from small home-based entrepreneurs to large enterprises. ProPay was acquired by TSYS in 2012, and is now part of Global Payments Inc. following the 2019 merger of TSYS and Global Payments. It specializes in providing payment gateway services and data security solutions like tokenization through its ProtectPay platform.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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Professional Payments, LLC

United States

Founded in

2018 (8 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)

Security Information :

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ASIC

Security Information

Warning

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.