WayPay is a registered Money Services Business. Our AML/CFT programme covers who we work with, every transaction we process, and what we report.
Brokers and merchants are verified before any account is activated.
Inbound and outbound addresses are screened for sanctions and illicit-activity risk.
Suspicious activity is reported to the relevant authorities as the law requires.
Customer and transaction records are kept for at least five years, or longer where required.
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.
We review it whenever sanctions change.
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.