Explore India’s first payment ecosystem that allows businesses to transact with multiple payment services and drive unlimited revenue digitally.
Explore India’s first payment ecosystem that allows businesses to transact with multiple payment services and drive unlimited revenue digitally.
AML policies ensure that businesses and financial institutions do not facilitate money laundering, fraud, or illegal transactions.
KYC procedures require identity verification to ensure that customers and businesses are legitimate and compliant with financial regulations.
Ensuring funds come from legal sources
Verifying user identities and transactions
Following RBI, NPCI, and global regulations
Ensuring only verified users access financial services
Required Documents:
✔ PAN Card (Taxpayer ID)
✔ Aadhaar Card / Passport / Driver’s License (Government ID)
✔ Bank Account Details & Statement (Last 3 Months)
Required Documents:
✔ Company PAN Card
✔ Certificate of Incorporation
✔ GST Registration Certificate
✔ Authorized Signatory ID Proof
✔ Bank Statement & Business Address Proof
AML Policies Followed by Payomatix:
✔ Customer Due Diligence (CDD): Identity verification before onboarding
✔ Enhanced Due Diligence (EDD): Additional screening for high-risk accounts
✔ Transaction Monitoring: Real-time tracking of suspicious transactions
✔ Sanctions & Watchlists Screening: Cross-checking against global blacklists
Payomatix Complies With:
✔ Reserve Bank of India (RBI) Guidelines
✔ National Payments Corporation of India (NPCI) Regulations
✔ Financial Action Task Force (FATF) Anti-Money Laundering Standards
✔ General Data Protection Regulation (GDPR) for Data Privacy
How Payomatix Monitors Transactions:
✔ AI-Powered Fraud Detection – Scanning transactions in real-time
✔ Transaction Limit Checks – Identifying unusual payment patterns
✔ Politically Exposed Persons (PEP) Screening – Preventing corruption risks
✔ Instant Alerts for Suspicious Activities – Flagging and reviewing high-risk transactions
Steps to Report AML/KYC Issues: