Risks and Colors
We have developed a compliance system for evaluating FinTechs and PayTechs – we refer to them collectively as payment processors – that consists of several colors associated with the associated risk, like a traffic light.
- Green – the company has a good standing with low risks for merchants and clients,
- Orange – the company raised some concerns resulting in some risks for its clients,
- Red – the company raised substantial concerns resulting in a high risk for its clients.
- Black – illegally acting company!
In addition to the colored risk classification, customers and partners of FinTechs and PayTechs can also rate them with a 5-star system.
Compliance Criteria
Signal Color |
Criteria |
Green Signal |
We include a payment processor in our Green Signal compliance list based on the following findings:
|
Orange Signal |
We include a payment processor in our Orange Signal compliance list based on the following findings:
|
Red Signal |
We include a payment processor in our Red Signal compliance list based on the following findings:
|
Black Signal |
We include a payment processor in our Black Signal compliance list on the basis of the following findings:
|