Company Information

Get to know Clearitt | Cooperative Payments

Clearitt | Cooperative Payments is a C-Corporation that operates on cooperative principles, founded with the mission to provide fair, transparent, and low-cost payment processing solutions to its member-owner cooperatives. Unlike traditional processors, Clearitt returns its profits to its members in the form of patronage dividends, effectively lowering their processing costs over time. The company was built by cooperatives for cooperatives to address the often-opaque and expensive nature of the payment processing industry, offering services like credit card processing, ACH transactions, and integrated payment solutions.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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Clearitt | Cooperative Payments

Australia

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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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.