Company Information

Get to know Financial and Information Technologies (FIT) / PayQR International

Financial and Information Technologies (FIT) LLC operates under the brand name PayQR. It is a Russian technology company that developed one of the country's first services for QR code payments. The platform allows both online and offline businesses to accept non-cash payments by generating a QR code that customers can scan with their smartphone camera to complete a transaction through their bank's mobile app. PayQR's mission is to simplify the payment process for both consumers and merchants, reducing the need for physical cards or traditional POS terminals and lowering acquiring fees.

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Financial PSP GatewayPRIMARY
Financial Other Service

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Financial and Information Technologies (FIT) / PayQR International

Cyprus

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

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.