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Vietnam
2013 (13 Years)
Last online: No recent activity
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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.
Get to know 1Pay Vietnam
Company Information
Get to know 1Pay Vietnam
Founded in 2013, 1Pay Vietnam, operated by M-Pay Joint Stock Company, established itself as a leading Payment Service Provider (PSP) in Vietnam. The company's primary mission was to simplify online and mobile transactions for businesses by offering a unified gateway to accept various payment methods, including mobile scratch cards, SMS payments, and bank transfers. In 2017, 1Pay was acquired by Ascend Money, a joint venture between Thailand's Charoen Pokphand Group and Ant Financial. Following the acquisition, 1Pay's operations and technology were integrated and rebranded into Truemoney Vietnam, which now offers a broader range of financial services, including an e-wallet and payment solutions.
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