Eligibility & Intended Purpose

paypump reserves the right to only provide services to persons and businesses that meet our minimum boarding requirements and are approved for service subject to our terms and at our sole discretion.

Eligibility

Not all paypump services are available to individuals, and similarly, not all paypump services are available to businesses. Please see below what services you may potentially be eligible for:

WhoServiceEligibility Criteria
Individuals (natural persons)paypump accountMay be applied for if you are a natural person domiciled globally excluding the Republic of Mauritius.
Global Businessespaypump for business accountMay be applied for if you are a business incorporated anywhere and your primary business activities are not focused on the domestic Mauritian market.

paypump considers provision of its services subject to our own operating rules and regulations as well as law and regulation subject to regulatory frameworks of the various global markets it operates in, and as such has some restrictions on who we may consider providing our services to.

Intended Purpose

Herewith a non-exhaustive guide to help you understand the intended purpose and application of paypump’s services:

paypump account for individualsIntended for eligible, approved natural persons to use as a global eWallet to store and transact in hard currency, allowing users to save, convert to other hard currencies, send funds to other registered or eligible users (who will need to register for their own paypump account to redeem funds), and pay for bills, goods and services with duly approved businesses.
paypump for business accountIntended for eligible, approved businesses to receive bill payments and / or payment for goods or services sold to paypump account holders.