Company Information

Get to know simplepay.

SimplePay is a secure and popular online payment service developed and operated by OTP Mobil Kft., a member of the OTP Group, one of the largest financial service providers in Central and Eastern Europe. Launched to modernize digital payments in Hungary, SimplePay provides e-commerce businesses, webshops, and mobile applications with a reliable and easy-to-integrate platform for accepting various forms of payment, including bank cards (Visa, Mastercard, Maestro), instant transfers, and payments through the Simple mobile application. Its mission is to offer a fast, convenient, and secure payment experience for both merchants and their customers.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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simplepay.

Canada

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

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ASIC

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.