Trustap is a verified partner of Stripe.
Trustap is an online platform that connects buyers and sellers of various goods and services. Trustap handles all the payments and payouts for its users, ensuring a smooth and secure transaction experience.
To provide the best payment service possible, Trustap is a verified partner of Stripe, a leading payment technology company. Stripe is regulated in Europe by the Central Bank of Ireland and the U.K. Financial Conduct Authority.
By partnering with Stripe, Trustap offers its users the following benefits:
Payment Security: Trustap maximises the benefits of Stripe’s advanced encryption and fraud prevention tools to protect your payment information and prevent unauthorised charges.
Compliance: Stripe adheres to all the regulatory requirements for payments in the countries where Trustap operates. These include Anti-Money Laundering (AML), Know Your Customer (KYC), and General Data Protection Regulation (GDPR) standards.
Global reach: Stripe supports over 135 currencies and payment methods, allowing you to pay from anywhere in the world and to receive payouts in numerous widely-used currencies. Check this article if you want to know if you can use Trustap in your country.
Stripe has “Know Your Customer” (KYC) obligations for payments which require them to collect and maintain information on all Stripe and Trustap account holders. These requirements come from their regulators and are intended to prevent financial system abuse. The information Stripe and Trustap are required to collect differs from country to country.
Trustap is a transaction platform, specifically designed to protect people from being scammed when they're buying or selling, online or in person, with strangers. Trustap's process combines payment and delivery into one unique system.
Through our partnership with Stripe, we are a regulated financial institution in the EU - PCI DSS Level 1 certified, the most stringent level of certification available.
We support PSD2 regulations in Europe and are Strong Customer Authentication (SCA) compliant.
We have dynamic authentication, scanning every transaction and dynamically triggering additional authentication when required.
We use Amazon Web Services cloud computing.
We also use Keycloak - an identity and access management solution that ensures compliance with GDPR and all other data regulations.
In terms of GDPR compliance, if you are a resident of the EEA or if Stripe Payments Europe Limited has been identified as your data controller, and you believe their processing of your information is not in line with the General Data Protection Regulation (GDPR), you may direct your questions or complaints to the Irish Data Protection Commission.
We hope this article has answered your questions about how Trustap is regulated. If you have any further inquiries, please get in touch with us at firstname.lastname@example.org. We are always happy to help!