Due Diligence is all about knowing your customer
Payment21.com's merchant approval policy is fully compliant with Swiss regulations for financial intermediaries and all applicable laws including proper Know Your Customer (KYC) practices.
Due Diligence is carried out on each merchant. All merchant information is safeguarded by Swiss data protection laws. To comply with Anti-Money-Laundering (AML) provisions, beneficial owners as well as controlling owners related to cross-border payments are identified. Further details about our regulatory compliance can be found in the registration area.