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Office: 63 Chulia Street, OCBC Centre East, #15-01, Singapore, 049514
Main contacts:
[email protected]-Technical supports and inquiries
[email protected]-Free online reputation consulting services
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Business Hours: Mon. - Fri. (11.00-19.00)
Time zone (Singapore)
DMCA.com Protection Status
Copyright © TrustFinance 2022 | V.2.0

TrustFinance is trustworthy and accurate information you can rely on. If you are looking for financial business information, this is the place for you. All-in-One source for financial business information. Our priority is our reliability.

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Allied Wallet

N/A

Founded in

2002 (24 Years)

Founded

Last online: No recent activity

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Regulated

TrustFinance

TrustFinance

(968 reviews)

foundedInSingapore

2020

(5 years)

Security Information :

Company hasn't provided information.

Security Information

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What are the differences in regulations for each

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.

Company Information

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Get to know Allied Wallet

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Company Information

Get to know Allied Wallet

Founded in 2002 by Ahmad "Andy" Khawaja, Allied Wallet positioned itself as a comprehensive Payment Service Provider (PSP) and gateway. The company offered multi-currency merchant accounts, digital wallet services, and credit card processing for businesses of all sizes, enabling them to accept online payments. Its mission was to connect buyers and sellers with a secure, simple, and global payment solution. However, the company was shut down following major legal and regulatory actions for facilitating fraudulent transactions on a massive scale.

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Industry

  • Financial PSP GatewayPRIMARY
  • Financial Payment

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Allied Wallet Reviews

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Summarization

Allied Wallet: A Comprehensive Payment Gateway Review

Introduction to Allied Wallet

Allied Wallet is a global online payment processing company offering various services, including credit card processing, multi-currency merchant services, and digital eWallet solutions. Founded in 2002, they cater to businesses of all sizes, facilitating seamless online transactions worldwide.

Allied Wallet's Services and Market Position

Key Services

  • Payment Processing:Allied Wallet provides comprehensive credit card processing services, supporting various payment methods like card payments, bank transfers, and mobile payments.
  • Merchant Services:They offer tailored solutions for merchants, including POS systems and secure online payment gateways, to optimize online transactions.
  • Digital Wallet and Mobile App:Their digital wallet and mobile app enhance security and convenience with features like secure transactions, tokenization, and third-party integrations.

Market Position

Having processed over a billion dollars globally and serving millions of customers, Allied Wallet has established a strong presence in the e-commerce industry, known for reliable payment processing services.

Security Measures at Allied Wallet

Allied Wallet prioritizes security using state-of-the-art payment processing technology. They are PCI DSS Level 1 compliant, ensuring encrypted and protected transactions. Robust 24-hour fraud and chargeback prevention mechanisms further safeguard transactions.

Company Background and Milestones

Founding and Early Years

Allied Wallet was founded in 2002 by Andy Khawaja. While detailed information on the founders' background isn't readily available, the company's two-decade growth reflects strong leadership and vision.

Key Milestones and Growth

  • 2002:Founded by Andy Khawaja.
  • Global Expansion:Established offices in various strategic locations, including London, Scottsdale, West Hollywood, and Frankfurt, demonstrating a commitment to international clientele.

Regulatory Compliance and Licenses

Allied Wallet operates under multiple regulatory authorities, adhering to international payment processing standards. They are PCI DSS Level 1 compliant and utilize SHA-256 encryption for enhanced security.

Allied Wallet's Products and Services In-Depth

Payment Processing Solutions

Allied Wallet offers a broad range of payment processing services, including card payments, bank transfers, and mobile payments. Supporting over 100 alternative payment methods and multiple currencies, they cater to a global customer base.

Merchant Services

Allied Wallet provides tailored merchant solutions, including POS systems and online payment gateways, designed to optimize online transactions and improve business efficiency. These solutions prioritize reliable transactions and offer customizability.

Digital Wallet and Mobile App

The Allied Wallet digital wallet and mobile app focus on convenience and security, incorporating features like tokenization, simplified third-party integrations, and secure transactions.

Key Features and Benefits

Security and Fraud Protection

Allied Wallet prioritizes security with advanced payment processing technology, PCI DSS Level 1 compliance, and 24-hour fraud and chargeback prevention measures.

Integration and Compatibility

Allied Wallet offers easy-to-integrate APIs compatible with major e-commerce platforms and various programming languages. RESTful APIs enable direct integration or web-hosted payment pages with features like tokenization and third-party integrations.

Speed and Reliability

A robust infrastructure ensures seamless transaction processing, backed by 24-hour support to address any issues promptly.

Pricing and Fees

Transaction Fees

Region Transaction Fee
EU/UK 1% + 10¢ per transaction
International 1.95% + 10¢ per transaction

Other Charges

Detailed information on additional fees like setup costs, monthly subscriptions, or withdrawal fees isn't readily available on the website. Contact Allied Wallet directly for clarified pricing information.

Customer Support

Allied Wallet offers multiple support channels, including phone, email, and live chat, ensuring accessibility and convenient communication.

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