openPR Logo
Press release

PayRate42 Upgrades Mercuryo to Green Compliance Status

03-01-2024 08:30 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: PayRate42

PayRate42, a leading cyberfinance rating agency dedicated to increasing transparency in the global payments industry, is pleased to announce the upgrade of Mercuryo, a prominent crypto payment processor, to its coveted Green Compliance list. This strategic move reflects our commitment to fostering a secure and transparent financial ecosystem for crypto enthusiasts, merchants, and investors.

The Reasoning

Over the last couple of years, Mercuryo has consistently demonstrated its commitment to continuously improve its compliance measures, positioning itself as a pioneer in the crypto payment landscape. As a trusted partner to cryptocurrency exchanges and non-custodial wallet providers such as MetaMask, Mercuryo has set high standards for security, transparency, and regulatory compliance.

Key Compliance Measures

Our thorough assessment of Mercuryo's operations revealed several critical factors that contributed to its inclusion in our Green Compliance List:

Beneficial Ownership Identification: In recent months, we collaborated closely with Mercuryo to obtain comprehensive information about its beneficial owners. This diligence ensures transparency and accountability within the organization.

KYC/AML Implementation: Mercuryo's proactive adoption of Know Your Customer (KYC) and Anti-Money Laundering (AML) measures underscores its commitment to preventing illicit activities. By verifying user identities and monitoring transactions, Mercuryo safeguards against unauthorized or illegal operations.

Regulatory Alignment: Mercuryo's compliance framework aligns seamlessly with regulated financial service industry standards. Its dedication to legal requirements ensures a safe environment for users and merchants alike.

The Green Compliance List

Our Green Compliance List represents a select group of crypto/payment service providers that meet stringent criteria. By adding Mercuryo to this prestigious list, we endorse its commitment to ethical practices, security and regulatory compliance.

What Does This Mean for Users?

Peace of Mind: Users can transact confidently, knowing that Mercuryo adheres to the highest compliance standards.

Secure Transactions: Mercuryo's KYC/AML protocols protect against fraudulent activities, ensuring the integrity of every transaction.

Industry Leadership: Mercuryo's inclusion in our Green Compliance List solidifies its position as an industry leader.

8 The Green
19901 City of Dover
Delaware
United States:
Press contact: office@payrate42.com

PayRate42 is a rating agency specializing in payment processors. Our main goal is to protect merchants and consumers by providing transparency through the evaluation and rating of financial service providers. High-Risk Payment Processors (HRPP) operating outside the established regulatory framework are our primary focus.

PayRate42 website: (www.payrate42.com)

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release PayRate42 Upgrades Mercuryo to Green Compliance Status here

News-ID: 3406014 • Views:

More Releases from PayRate42

Urgent Alert: Beware of FinRate, A Clone of the Cyber Rating Agency PayRate42!
Urgent Alert: Beware of FinRate, A Clone of the Cyber Rating Agency PayRate42!
FinTelegram and PaRyte42 warn against engaging with or relying on the online platform FinRate (theFinRate.com), which has recently surfaced as a deceptive clone of the reputable cyber rating agency PayRate42. Allegedly based in Singapore's Suntec Tower, FinRate has begun operations under the guise of a legitimate rating agency specializing in evaluating payment gateways, acquirers, and other service providers. However, our investigations reveal several alarming red flags associated with this platform. Deceptive
PayRate42 Joins FinTelegram's Fight Against Binance and Supports Its #BinanceWatchdogInitiative
PayRate42 Joins FinTelegram's Fight Against Binance and Supports Its #BinanceWat …
PayRate42 Joins FinTelegram's Fight Against Binance and Supports Its #BinanceWatchdogInitiative In light of the ongoing concerns surrounding Binance's operational practices, PayRate42, the premier authority in rating payment processors, is proud to announce its solidarity with FinTelegram in its efforts to address these issues. As a leading figure in the financial technology sector, PayRate42 recognizes the importance of upholding consumer rights and advocating for transparency within the cryptocurrency industry. According to FinTelegram research,
PayRate42 Green-Lists SEPAGA EMI: Pioneering Financial Solutions Provider Recognized for Compliance and Innovation
PayRate42 Green-Lists SEPAGA EMI: Pioneering Financial Solutions Provider Recogn …
In an era dominated by CyberFinance innovations, where open banking and cryptocurrency transactions shape the future of financial systems, the necessity for stringent oversight and validation cannot be overstated. Leading the charge in establishing benchmarks of trust and performance, PayRate42 is delighted to announce the successful verification and green-listing of SEPAGA, a distinguished service provider in the financial technology landscape. This significant achievement marks SEPAGA's proactive initiative to secure their listing
PayRate42 Confirms Verification and Recognition of Noda in the CyberFinance Sector
PayRate42 Confirms Verification and Recognition of Noda in the CyberFinance Sect …
In an era where CyberFinance shapes the future of financial systems through innovations like open banking and cryptocurrency transactions, the importance of rigorous oversight and validation cannot be understated. PayRate42, at the forefront of establishing benchmarks of trust and performance, is thrilled to announce the successful verification and green-listing of Noda, a distinguished service provider in the financial technology landscape. This milestone achievement follows Noda's initiative to claim their listing on

All 5 Releases