Company Information

Get to know WAPPoint Card Machines, POS Systems & Online Payment Solutions

WAPPoint is a South African payment solutions provider established in 2011. The company positions itself as one of the country's largest independent Point of Sale (POS) payment solution providers. Its core business involves supplying businesses with the necessary hardware and software to accept various forms of electronic payments, including in-person transactions via card machines and POS systems, as well as online payments through its gateway services. WAPPoint aims to offer affordable, reliable, and secure payment processing solutions to merchants of all sizes across South Africa.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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WAPPoint Card Machines, POS Systems & Online Payment Solutions

South Africa

Founded in

2000 (26 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.

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.