WePay is designed for B2B teams that need disciplined onboarding alongside crypto-funded programs. The following describes a typical compliance framework — it is not legal advice and must be tailored to your licenses and markets.
1. Know your business (KYB)
Enterprise programs should verify legal entity identity, beneficial owners, and authorized signers before issuing cards or moving funds. Document collection, screening (sanctions/PEP), and periodic refresh should follow your policy.
2. AML & monitoring
Monitor transactions for unusual patterns relative to stated business use. Crypto on-ramps require blockchain analytics and source-of-funds checks where required. Escalate alerts according to your AML manual.
3. Card & treasury rules
Enforce merchant category controls, velocity limits, and geographic rules per program. Segregate client money according to applicable e-money or banking rules when you operate a live product.
4. Records & audit
Retain KYC files, transaction evidence, and decision logs for the period required in your jurisdictions. Support regulator and partner audits with exportable reporting.
5. Program responsibility
Your organization remains responsible for applicable KYC, KYB, and AML obligations. Connect your approved compliance stack (identity verification, transaction monitoring, case management) in line with your licenses and partner requirements.