Company Information

Get to know Payz SA

Originally founded as ecoCard in 2000 and later rebranded to ecoPayz in 2013, the company rebranded again to Payz in May 2023. It is operated by PSI-Pay Ltd, a UK-based company authorized by the Financial Conduct Authority (FCA) as an Electronic Money Institution. Payz provides a secure and private way for individuals and businesses to send and receive money in over 50 currencies, offering a digital wallet (Payz account) along with virtual and physical Mastercard payment cards for online and in-store purchases.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Payz SA

South Africa

Founded in

2019 (7 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.