Company Information

Get to know MERPAY LTD

Launched in February 2019, Merpay, Inc. is the financial services arm of the popular Japanese e-commerce company, Mercari, Inc. The company's mission is to "build trust for a seamless society" by providing a comprehensive mobile payment solution. The Merpay service allows users of the Mercari app to utilize their sales balance, points, and linked bank accounts to make payments online and at physical stores throughout Japan. It supports various payment technologies, including QR codes and iD contactless payments, and has expanded its offerings to include deferred payment options ("Merpay Smart Payments") and other financial services.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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MERPAY LTD

United Kingdom

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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Markets.com

(327 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.