Company Information

Get to know Payment Assist Ltd

Founded in 2014, Payment Assist Ltd was initially established to help vehicle owners manage unexpected repair costs by allowing them to spread the payment over several months without interest or fees. The company's core business model involves paying the merchant (e.g., a garage) upfront for the service and collecting the amount from the customer in interest-free installments. This service helps customers with cash flow while increasing sales for the merchants. The company has since expanded its services beyond the automotive sector into other retail areas.

Industry

Financial PaymentPRIMARY
Financial Other Service

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Payment Assist Ltd

United Kingdom

Founded in

2013 (13 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.