Company Information

Get to know TernPay

TernPay, legally operating as Tern LTL, UAB, is a financial technology company licensed by the Bank of Lithuania as an Electronic Money Institution. The company specializes in providing comprehensive B2B payment services, including a white-label payment gateway, global card acquiring (Visa, Mastercard), and multicurrency payment processing. Its primary mission is to offer secure, scalable, and customizable payment infrastructure for online merchants and other businesses to accept payments and manage funds globally.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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TernPay

United States

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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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.