Company Information

Get to know Clearent

Founded in 2005, Clearent established itself as a comprehensive payment processor and merchant services provider based in the United States. The company focused on delivering transparent and fair payment solutions to businesses of all sizes, offering a suite of products including credit and debit card processing, payment gateways, mobile payment solutions, and point-of-sale (POS) systems. Its mission was to simplify the payment processing experience for merchants through proprietary technology and a commitment to customer service. In 2021, Clearent merged with Transaction Services Group (TSG) to rebrand and launch as a new, combined entity called Xplor Technologies, which now provides integrated software and payment solutions to businesses in specific verticals globally.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service
Financial Payment

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Clearent

United States

Founded in

2005 (21 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

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.