Key Data

• Trading Name: Zink Pay
• Legal Entity: not given
• Activities: Direct debit payment system 
• Location: Cayman Islands
• Regulations: none
• Key People: Padraic McGreal, Timmy Alassad

Zink Pay is a direct debit payment system that enables billers and payers in the UAE to collect and make payments without the hassle of checks. It is designed to help businesses in the UAE increase cash flow while reducing the risk of financial loss and eliminating the cost of processing and tracking payments.

Offering

It facilitates enterprises in the acceptance of payments by establishing direct debit arrangements linked to customers’ accounts. Additionally, the platform offers a suite of tools designed to mitigate instances of fraudulent activities.

Fees

Industries

Spanning a spectrum from low to high risk:

Zinc Pay operates within the realm of Business-to-Business (B2B) operations within distinct FinTech market segments.

Regulation

It is worth noting that Zink Pay operates without specific regulatory oversight, which raises concerns about the level of compliance and consumer protection measures in place.

People

Padraic McGreal (Linkedin):

Co-Founder & CEO

Customer review

At the time of this review, there are no available customer reviews or testimonials for Zink Pay. The absence of customer feedback makes it challenging to assess the company’s reputation and the quality of their services.

Conclusion

In view of the absence of proper licensing, non-disclosure of pertinent legal entity information, and a dearth of customer feedback, it is our assessment that Zink Pay be assigned an evaluative classification of RED.