Company Information

Get to know PayByFace

PayByFace is a technology company that has developed a payment solution enabling secure and fast transactions through facial recognition. The company's mission is to enhance the in-store payment experience by eliminating the need for cash, cards, or mobile phones. Customers enroll by linking their face to their payment card via the company's application, and can then pay at participating merchants by simply looking at a POS device. The system is designed for merchants in various sectors, including retail, hospitality, and events, to speed up checkout, increase security, and offer integrated loyalty programs.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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PayByFace

Romania

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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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.