CardUp protects your data with the same 256-bit encryption that banks use. Data is encrypted at rest and during transit, ensuring your account and payment information are kept safe and secure at all times.
CardUp is licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution under the Payment Services Act for domestic money transfer services, cross-border money transfer services and merchant acquirer services.
CardUp does not store your credit card details nor pass them through any servers, and this information is instead managed via a PCI-certified payment gateway.
Funds processed through CardUp are held in trust in a safeguarded client money account and do not belong to CardUp. When being delivered to your recipients, these funds are never retained for more than 3 hours.
CardUp has managed over hundreds of millions of dollars of customers' personal and business payment transactions in the region.