Compliance

Compliance and licensing

WayPay is a registered Money Services Business. Our AML/CFT programme covers who we work with, every transaction we process, and what we report.

MSBREGISTERED

Money Services Business Registration

Registered entity
WayPay Limited
Registered address
1521 Blake St, Ste 47009, Denver, CO 80202, United States

AML / CFT programme

KYB for every merchant

Brokers and merchants are verified before any account is activated.

  • Corporate documents and licences
  • Ultimate beneficial owners
  • Source of funds and business model

Transaction screening

Inbound and outbound addresses are screened for sanctions and illicit-activity risk.

  • Sanctions screening
  • Exposure to mixers, darknet and stolen funds
  • Risky deposits held for review

Reporting

Suspicious activity is reported to the relevant authorities as the law requires.

Record keeping

Customer and transaction records are kept for at least five years, or longer where required.

Restricted jurisdictions

We do not serve people or companies in comprehensively sanctioned jurisdictions, or anyone on a sanctions list. We also decline businesses that fall outside our risk appetite.

Kept up to date

We review it whenever sanctions change.

Responsible disclosure

We welcome reports from security researchers. If you act in good faith and follow the guidelines below, we will not take legal action against you.

Submit a report

What to include

  • A description of the issue and where it is
  • Steps to reproduce it, with any proof-of-concept
  • The impact you believe it has
  • How we can contact you

Please don't

  • Access, change or delete data that isn't yours
  • Run denial-of-service or social-engineering tests
  • Disclose the issue publicly before we have fixed it

Legal documents