Nov. 13 at 11:32 AM
$HMMR Licensing & Regulation
What is Hammer Global Payments licensed to do
Hammerpay Global Payments Inc. is a licensed Money Services Business (MSB) registered with the Financial Crimes Enforcement Network (“FinCen”) in the USA and is authorized to provide the following services:
Money Transmission Services –
Facilitate domestic and international money transfers.
Operate digital wallets and peer-to-peer (P2P) payment systems.
Act as an intermediary between consumers and financial institutions.
Issuance and Sale of Prepaid Cards –
Sell and reload prepaid debit cards, stored-value cards, and gift cards.
Manage white-label prepaid card programs for businesses.
Issue closed-loop and open-loop prepaid cards.
Cryptocurrency Transactions –
Exchange fiat currency for cryptocurrency (e.g., Bitcoin, Ethereum).
Provide crypto wallet and custody services.
Operate crypto-to-fiat and crypto-to-crypto trading platforms.
Serve as an intermediary for remittances using blockchain technology.