Company Information

Get to know Payon Utility Solution Pvt Ltd

Founded in 2018, Payon Utility Solution Pvt Ltd is a business-to-business (B2B) financial technology company based in India. The company specializes in developing and providing a comprehensive suite of software and API solutions for businesses looking to offer financial and utility services. Their core offerings include platforms for Aadhaar Enabled Payment System (AEPS), Bharat Bill Payment System (BBPS), Domestic Money Transfer (DMT), and mobile/DTH recharges. Payon's mission is to empower other businesses, particularly in semi-urban and rural areas, by providing them with the technological infrastructure to become financial service points for their communities.

Industry

Technology White Label PlatformPRIMARY
Financial Other Service

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Payon Utility Solution Pvt Ltd

India

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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Cyprus

2017

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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.