Our Software takes Risk Base Approach (RBA) while conducting Know your Customer (KYC) and Customer Due
Diligence on real time basis. All transactions received through partners system on customers through API
will be subject to comprehensive data filtrations checking on sanctioned entities/ individuals. We expect
our partners too to conduct comprehensive data filtration as required by its regulators & as prescribed by
related law.
Presently the compliance is the main challenge faced by all service operators in meeting international
standard in combating terrorism financing. Thus we at, iPay strongly value this approach as main principle
towards business. We follow global sanctioning forums & list for robust data filtration meeting
international standard/ requirement. Such sanctioning data are updated on regular interval.