Paymaster Service

One of the biggest benefits of using a paymaster service instead of traditional letters of credit through a financial institution is the ability to conduct transactions without the hassles normally associated with going through banks, including credit checks or the need to have an established relationship with the financial institution. As a Paymaster, the firm is not a party to the transaction; we are only involved to make sure everything goes as planned and that all compliance issues are addressed. This protects companies by providing compliance for KYC and AML regulations while avoiding the need to conduct all the necessary background checks on your own.