Company Information

Get to know LOOMIS PAY

Loomis Pay is the digital payment services division of the global cash handling company, Loomis AB. Launched to complement its traditional cash management services, Loomis Pay offers a comprehensive payment ecosystem for merchants. The solution combines hardware (like modern card terminals) and software to handle transactions both in-store and online, aiming to simplify payments, streamline administration, and provide a seamless experience for businesses and their customers. The service was first introduced in the Nordic market and represents Loomis' strategic expansion into the rapidly growing digital payments sector.

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Financial PSP GatewayPRIMARY
Financial Other Service

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LOOMIS PAY

Sweden

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.