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Nigeria
2020 (6 Years)
Last online: No recent activity
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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.
Get to know VPay Africa
Company Information
Get to know VPay Africa
VPay Africa is a digital payment platform developed by Appmart Integrated Limited, a licensed Payment Solution Service Provider (PSSP) by the Central Bank of Nigeria. The company's mission is to simplify payments for everyone by offering a range of services including instant money transfers, bill payments (utilities, airtime, data), and a robust payment gateway for businesses to accept online payments. VPay focuses on creating a secure, fast, and convenient transaction ecosystem for the African market.
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