This Licenses page provides information about licenses, registrations, and regulatory approvals that SaveCash will obtain and maintain to operate our payment processing services. As we prepare for launch, we are committed to securing all necessary regulatory approvals and maintaining compliance with applicable laws.

1. Money Transmitter Licenses

SaveCash will obtain and maintain money transmitter licenses in all U.S. states and jurisdictions where required by applicable laws. We are committed to securing the necessary licensing to enable us to provide payment processing and money transmission services nationwide in compliance with all state and federal regulations.

Our licensing strategy includes working with state regulators, submitting required applications, maintaining adequate bonding and capital requirements, and implementing robust compliance programs to meet all regulatory obligations.

2. Regulatory Registration

SaveCash will register with FinCEN (Financial Crimes Enforcement Network) as a money services business and will comply with all applicable federal regulations including anti-money laundering (AML) and Bank Secrecy Act (BSA) requirements. We are preparing our registration materials and compliance programs to meet these federal obligations.

We will implement comprehensive AML compliance programs, suspicious activity reporting systems, and customer due diligence procedures as required by federal law and regulations.

3. Compliance Certifications

SaveCash is committed to obtaining and maintaining industry-leading compliance certifications and standards. We will pursue the following certifications and compliance standards:

• PCI DSS Level 1: We will achieve and maintain Payment Card Industry Data Security Standard (PCI DSS) Level 1 certification to ensure the highest level of security for payment card data processing.
• SOC 2 Type II: We will obtain System and Organization Controls (SOC 2) Type II certification to demonstrate our commitment to security, availability, processing integrity, confidentiality, and privacy of our systems.
• GDPR Compliance: We will implement comprehensive data protection measures and comply with the General Data Protection Regulation (GDPR) for users in the European Economic Area.
• CCPA Compliance: We will comply with the California Consumer Privacy Act (CCPA) and similar state privacy laws to protect consumer privacy rights.
• Other Privacy Regulations: We will maintain compliance with other applicable privacy regulations in jurisdictions where we operate, including PIPEDA (Canada), LGPD (Brazil), and other regional data protection laws.

Our compliance program is being designed to meet or exceed these standards, with regular audits, assessments, and continuous improvement processes to maintain our certifications and compliance status.

4. Ongoing Compliance

SaveCash is committed to maintaining the highest standards of regulatory compliance and will continuously monitor changes in applicable laws and regulations. We will:

• Regularly review and update our compliance programs to reflect regulatory changes
• Conduct periodic audits and assessments to ensure continued compliance
• Provide ongoing training to our team members on compliance requirements
• Maintain transparent communication with regulators and industry bodies
• Update this page as we obtain licenses, registrations, and certifications

5. Contact Information

For questions about our licensing status, regulatory compliance, or to verify our credentials, please contact us: