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KYB & Data Protection

SpacePay maintains the highest standards of compliance and security to protect your business and customers.

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KYB Requirements

Know Your Business (KYB) verification is required for all merchants using SpacePay. This process helps us comply with financial regulations and protect against fraud.

Why KYB is Required

Regulatory Compliance - KYB helps us comply with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. Risk Management - We verify business identity and assess risk profiles to prevent fraudulent activities. Customer Protection - KYB protects your business reputation and customer funds.

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KYB Process

1

Account Creation

Provide basic business information during signup:
  • Company name and type
  • Business address
  • Contact information
2

Support Contact

Our support team will contact you to collect additional KYC/KYB information and required documents.
3

Verification Review

Our compliance team reviews your information and documents for approval.
4

Account Activation

Once approved, your account is activated and you can start processing payments.
Processing Time: KYB verification typically takes 1-3 business days. Contact our support team if you have questions about the process.