Company Information

Get to know PAYable Sri Lanka

Founded in 2015, PAYable (Pvt) Ltd is a Sri Lankan financial technology company dedicated to empowering micro, small, and medium-sized enterprises (MSMEs). The company's mission is to drive financial inclusion by providing a simple, secure, and cost-effective solution for digital payment acceptance. Their core product is a compact card reader that pairs with a smartphone app, transforming the phone into a mobile Point-of-Sale (mPOS) terminal. This eliminates the need for expensive traditional POS machines and fixed telephone lines, enabling businesses of all sizes to accept credit and debit card payments anywhere, anytime.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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PAYable Sri Lanka

Sri Lanka

Founded in

2016 (10 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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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.