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Company Information

Get to know WayApp Pay

WayApp Pay is a fintech service developed by WAYAPP, S.L., part of the Innova-TSN group. The company's mission is to simplify and modernize payment collection for businesses of all sizes. Its platform allows merchants to charge customers directly from a mobile device, generating secure payment links or QR codes, thus eliminating the need for physical card readers. The service is designed for flexibility, catering to various sectors including retail, hospitality, and professional services, by facilitating both in-person and remote transactions. WayApp Pay is a registered payment institution with the Bank of Spain.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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WayApp Pay

Spain

Founded in

07 May 2019 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

Reviews

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Regulated

TrustFinance

(968 reviews)

Singapore

2020

(5 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.