Company Information

Get to know boloro afghanistan

Boloro is a global mobile payments network that enables consumers to securely pay for goods and services using their mobile phone number. The Afghanistan operation, in partnership with major mobile network operators like Roshan and AWCC, brings this service to the local market. The platform's core technology uses a two-factor authentication process, leveraging the SIM card for the first factor and a user-created PIN for the second, ensuring secure transactions directly from the user's mobile airtime balance or linked account. The service is designed to facilitate easy and secure retail payments, bill payments, and online purchases without the need for a traditional bank account or credit card.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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boloro afghanistan

Afghanistan

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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(180 reviews)

Cyprus

2017

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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.