HOME / COMPLIANCE AND VERIFICATION

Clarity at every
stage of the process.

Direct crypto payments and fiat conversion are separate layers, with requirements that depend on each service and jurisdiction.

WAYNANCE•••
✓
WEB3 INFRASTRUCTURECOMPLIANCE AND VERIFICATIONDesigned for your business
● WAYNANCE · CONCEPT VIEW

Two services.
Different requirements.

Direct crypto payments and fiat conversion are separate layers, with requirements that depend on each service and jurisdiction.

01

Direct payment

The payment goes wallet to wallet via smart contract, with no custody by Waynance. Even so, obligations may apply depending on the transaction and the jurisdiction.

02

Fiat conversion

The licensed third-party provider that carries out the conversion requires KYC or KYB and the applicable checks.

03

Merchant onboarding

Merchant onboarding and verification requirements will be set out in the terms of service.

✳   Waynance is adapting its service to the applicable regulatory framework, including Regulation (EU) 2023/1114 (MiCA) where applicable. Self-custody, the use of smart contracts or decentralization do not, in themselves, exclude the application of MiCA or other obligations.

One solution.
More possibilities.

Designed to bring technology into your day-to-day business operations, clearly.

◈

Wallet-to-wallet payment

On-chain transactions may be traceable even when no identification is requested.

✓

KYC / KYB

The third-party provider carries out verification for the conversion; other services may have their own requirements.

◎

Jurisdiction

Availability and requirements vary by product, provider and country.

Take the next
step with Waynance.

We help you find the solution that fits your project.

Contact the team ↗