iGaming Payment Processor & Crypto Gateway
Payment gateway is a third-party between merchants and customers that securely take the money from customers and send it to merchant’s bank account. It is a virtual equivalent of a physical point-of-sale terminal that located in most of retail outlets. Payment gateway performs the important role in processing and authorizing the payment or transactions between customer and merchants. As for crypto payment gateway enables merchants to use Bitcoin and altcoins for their business and also to accept payments in traditional currencies such as USD, Euro, etc. The bitcoin payment service instantly converts the received bitcoins into the currency of your choice, eliminating the volatility risk. The money gets added to your account, and it finally gets credited to your designated bank account at the decided frequency once the accumulated account crosses the threshold limit.
There are currently 2 names in this directory beginning with the letter K.
KYA (KNOW YOUR AGENT / AGENT DUE DILIGENCE)Any third party acting on behalf of a bank, a financial The measures undertaken by a digital financial services provider to assess potential agents and their ability to carry out agent functions related to the provision of digital financial services.
KYC (KNOW YOUR CUSTOMER / CUSTOMER DUE DILIGENCE)A set of due diligence measures undertaken by a financial institution, including policies and procedures, to identify a customer and the motivations behind their financial activities. KYC is a key component of AML/CFT regimes. CDD generally refers more broadly to the policies and procedures used by a digital financial services provider to obtain customer information and assess the risks of money laundering and terrorist financing posed by a customer, including detecting, monitoring and reporting suspicious activities.
