Company Information

Get to know Amwal payment

Amwal is Qatar's first licensed FinTech company and e-wallet, regulated by the Qatar Central Bank (QCB). Launched to support Qatar's vision of becoming a cashless society, the company provides a secure and user-friendly mobile wallet application for consumers to store money, send payments to friends, and pay merchants. It also offers a suite of payment solutions for businesses, including payment gateways and QR code payments, to help them accept digital transactions seamlessly.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial PSP Gateway

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Amwal payment

Egypt

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 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.