Three Acronyms That Matter
Travel Rule — for transfers above the threshold, originator and beneficiary info must travel with the transaction.
AML — anti-money-laundering controls including KYC, transaction monitoring, and suspicious activity reporting.
KYT — Know Your Transaction, on-chain analytics scoring every wallet for risk.
What Merchants Need
If you're using a regulated processor like Payomatix, the processor carries the VASP license and compliance burden. You operate as a merchant, not a crypto business.
What Goes Wrong
Self-custodied direct acceptance without screening can lead to sanctioned-wallet exposure, frozen funds, and regulatory action. Use a regulated counterparty.
Payomatix Crypto Compliance
Built-in travel rule, sanctions screening (OFAC, UN, EU), and KYT scoring on every transaction. Reports ready for any regulator.