Company Information

Get to know PAYSTRAX

Founded in 2018, PAYSTRAX is a Lithuanian-licensed Payment Institution regulated by the Bank of Lithuania. The company is a Principal Member of both Visa and Mastercard, enabling it to provide direct merchant acquiring services across Europe. Its mission is to deliver reliable, flexible, and cost-effective payment processing solutions for various business types, including merchants, ISOs, and other Payment Service Providers (PSPs). PAYSTRAX focuses on omnichannel payments, supporting both e-commerce transactions through its payment gateway and in-person payments via POS terminals.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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PAYSTRAX

Lithuania

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.