Company Information

Get to know Pay4Power Nigeria

Pay4Power is a digital payment platform based in Nigeria that facilitates easy and convenient bill payments for its users. The company's primary service is enabling customers to pay for their prepaid and postpaid electricity bills online. In addition to power utilities, the platform has expanded its services to include the purchase of airtime VTU (Virtual Top-Up), mobile data bundles, and subscriptions for cable TV services like DSTV and GOtv. The company's mission is to simplify the process of recurring bill payments, allowing users to handle transactions from any location at any time.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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Pay4Power Nigeria

Nigeria

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.