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At PayBud we take extra measures to safeguard your funds to ensure they are safe, even in the unlikely event that PayBud no longer operates.

We do this by a process called Fund Segragation.

Fund Segregation:

• Separate Client Accounts: At PayBud, client funds are held in segregated accounts, separate from PayBud’s operational accounts. This means your money is securely stored and always available, independent of the company’s finances.

• Partnership with Canadian Banks: To ensure the highest level of security and compliance, we partner with leading banks in Canada. These banks hold the segregated accounts used to store client funds, providing an additional layer of security and assurance.

• Regular Audits and Reconciliation: We conduct regular audits and reconciliation processes to ensure that client funds are accurately accounted for and securely maintained. These processes help verify that the funds in our segregated accounts match the balances reflected in your PayBud wallet.

If you have any further questions about PayBud’s safety, please contact our support.