net24|7 is a Fintech that offers its customers a technological platform that allows them to enjoy innovative
and secure financial and payment services, promising to change the way its users manage their finances by
serving as a Bank Alternative.
net24|7 products enable you to create banking and transactional services, integrating modern technologies
through an in constantly innovative platform, with cloud-based infrastructure that delivers scalability
and security. Its primary objective is to enable and lighten money transmission processes in any currency,
through our powerful transactional engine that facilitates money movements.
No, net24|7 isn’t a Bank. Our banking services are provided by partners (Banks and
others Fintechs) that allows us to serve as a Banking Alternative for our users.
However, according with the US regulation we are considered by FINCEN as a Financial
Institution.
Yes, safety is at the center of everything we do. We have ongoing information on emerging threats and
advanced knowledge of changes in security regulation. Our systems are constantly updated and maintained
to exceed industry standards, so you can be sure you're in good hands. In addition, we comply with the
broadest and strictest regulations regarding the transmission of money, governed by U.S. law.
Services 24-7 LLC (net24|7) is a United States corporation licensed as a MSB
(Money Services Business) by the State of Florida and registered with the Financial
Crimes Enforcement Network of the U.S. Department of Treasury (FINCEN). This license
gives net24|7 the legal power to perform any of the following activities::
(1) Currency Exchange
(2) Receipt and Payments of Checks
(3) Issuance of Traveler's Checks, Money Orders or Prepaid Cards
(4) Sale or Exchange of Traveler's Checks, Money Orders or Prepaid Cards
(5) Money Transfer
A MSB (Money Services Business) is a legal term used by financial regulators to describe businesses that
transmit or convert money through different means: currency dealer or exchanger; check casher; issuer of
traveler's checks, money orders or stored value; and seller or redeemer of travelers' checks, money orders
or stored value.
According to US Department of Treasury a MSB is a Financial Institution and for this
reason are regulated by FINCEN (Financial Crimes Enforcement Network) which is an agency of the U.S.
Department of Treasury.
The mission of the regulation is to safeguard the financial system from illicit use, combat money
laundering and its related crimes including terrorism. As part of this mission is necessary the
supervision and licensing of businesses and companies related to monetary services. That includes
international remittances, foreign currency exchange, transaction/currency transfer (including
digital currency/virtual currency), supply of prepaid cards or other prepaid ways, issuance of
traveler's checks and other services. Companies in the US that perform businesses listed above
must apply for an MSB license before they can operate legally.
Because we know what we do, and our platform has been designed to make you grow as an individual or as a
business. You no longer must go to multiple financial institutions in search of services that you usually
get separately, find in net24|7 unified and customizable solutions. We promote your financial independence,
as you do not need a bank to apply for our services. You'll be aware of your transactions and money
movements through our online services (real time) and if you need to reconcile or plan your finances,
you can get detailed reports on the go. All this in an environment protected and regulated by U.S. authorities.
Technology and globalization are redefining our world, now finance and markets know no boundaries.
In this new reality net24|7 is available anywhere in the world where a user invokes our digital
services. However, there are jurisdictions or countries that have been deemed as high-risk areas.
In these areas it is possible that net24|7 services are not available or certain conditions apply
in order to operate.
CAny individual or business willing to take their finance or business to the next
level. One of the biggest challenges in the market has been to create solutions,
capable of serving peoples and companies, anywhere in the world and give them access
to advanced payment functions.
Go to www.net24-7.online activate “Start”
and quickly, safely and smoothly you will be able to access the services platform. Membership
consists of two phases
net24|7 operates under financial and accounting processes overseen by U.S. regulatory bodies.
As the United States of America is our legal jurisdiction, all monetary assets entering or leaving
the net24|7 platform are mobilized through banks in this country.
