Mayfair is designed top to bottom to protect your information and account from security threats. We work with independent auditors and experts to review our systems and processes so you can sleep easily.
Protecting your funds
By depositing your funds at our partner banks, you receive pass-through FDIC insurance coverage, so your funds are safe no matter what happens to Mayfair.
Regulated bank partners
Your deposits are held by federally regulated banks and nobody else (including us) touches or takes custody of your funds.
No investment risk
We never invest or lend out your funds. Your cash will not be put at risk no matter matter what happens in financial markets.
Safeguarding your account
Your account is safeguarded with enhanced platform security using mandatory organization-wide MFA.
Your account provides just the right level of access to the right people with our intuitive user permission tiers.
We regularly engage the industry’s best application security experts for third-party tests and vulnerability scans.
Shielding your data
SOC 2 coming soon
Our security protocols and processes undergo rigorous independent auditing on an ongoing basis.
We leverage industry best practices and encrypt your data at rest and in transit to keep your information safe and confidential.
Need to know basis
We only collect information required by our bank partners and for KYB / AML compliance. We never sell your data.
Mayfair partners with Stripe Payments Company for money transmission services and account services with funds held at Evolve Bank & Trust, Member FDIC.The cash account is not a deposit account, and Mayfair is not a bank.
The cash balance in the Mayfair cash account is automatically eligible for pass-through FDIC insurance. For more information on FDIC insurance coverage, please visit www.FDIC.gov.*
The Annual Percentage Yield (APY) for the Mayfair cash account may change at any time, before or after the cash account is opened. Currently, you can earn 4% APY. Rates will vary based upon prevailing economic and business conditions. Furthermore, Mayfair may receive a fee from Stripe, and the amount of the fee, if any, may affect the rate paid on the cash accounts.
The information contained in this communication is provided for general informational purposes only, and should not be construed as investment or tax advice. Nothing in this communication should be construed as tax advice, a solicitation or offer, or recommendation, to buy or sell any security.
Any links provided to other server sites are offered as a matter of convenience and are not intended to imply that Mayfair or its affiliates endorses, sponsors, promotes, and/or is affiliated with the owners of or participants in those sites, or endorses any information contained on those sites, unless expressly stated otherwise.