Company Information

Get to know Karma Payments

Karma Payments is a US-based merchant services provider that offers a full suite of payment processing solutions, including credit card terminals, point-of-sale (POS) systems, and online payment gateways. The company's core mission, branded "Payments with a Purpose," is to integrate social responsibility into everyday business transactions. Karma Payments donates a significant portion of its profits to non-profit organizations selected by its merchant clients, aiming to provide competitive processing rates while making a positive community impact.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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Karma Payments

United States

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

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.

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.