Company Information

Get to know paywithmybank

Founded in 2012 and headquartered in Silicon Valley, Paywithmybank, Inc. was a pioneer in developing account-to-account (A2A) payment technology in the United States. The company's platform enabled consumers to make secure online payments directly from their bank accounts without using credit cards, effectively creating a "Pay by Bank" option for merchants. In 2019, Paywithmybank was acquired by the Swedish fintech company Trustly Group AB, a global leader in Open Banking payments. The Paywithmybank technology and team have since been fully integrated into Trustly's global network, now operating under the Trustly brand to provide A2A payment solutions in North America and Europe.

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Financial PSP GatewayPRIMARY
Financial Other Service

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paywithmybank

United States

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Provided by TrustFinance

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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.

BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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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.