PANPAY Compliance team

PanPay AML and Compliance teams is the professionals with solid banking experience in the field of anti-money laundering and anti-terrorist financing.

Our team members work in Europe, China, Hong Kong and USA. Worldwide expertise ensures that your payments if safe with PanPay. PanPay core system security meets the AML requirements of European banking institutions.

PanPay follows the General Data Protection Regulation (GDPR) ，the UK Data Protection Act 2018 (DPA 2018), the Payment Act (PSD2), the UK Payment Services Regulations 2017(PSRs 2017) compliance requirements.

Funds security

PanPay meets the highest level of European funds protection regulatory requirements, and 100% of client funds are segregated from PanPay funds and deposited in Central bank or high credit rating Banks safeguarding accounts.

Risk control compliance

PanPay integrates Refinitiv's World-Check as its AML/CTF (anti-money laundering and counter-terrorist financing) database, covering over 240 countries and regions, with 100% coverage of sanctions, watch, and regulatory lists.

System compliance

PanPay uses the latest encryption technology to protect all the data you store in our IT infrastructure. All data encrypted with SSL certificates. The PanPay IT infrastructure features a highly redundant 3-level data center architecture, strict physical access control requirements, and ISO 27001 certification.

Data compliance

PanPay meets the European's highest level of data protection regulatory requirements, and complies with the General Data Protection Regulation (GDPR) ，the UK Data Protection Act 2018 (DPA 2018) ，the Payment Act (PSD2) , the UK Payment Services Regulations 2017(PSRs 2017) requirements.

Qualifications of PanPay

Panpay has a number of branches around the world that meet the regulatory requirements of local central banks and financial management departments

PanPay Hong Kong

Holds a Hong Kong money service provider license. Approved by the State Administration of Foreign Exchange for foreign-related business records.

PanPay USA

Holds 50 US states money service provider license
License Number: 31000253523874

PanPay UK

Holds an Electronic Money Institution license issued by the UK Financial Conduct Authority (FCA).
License Number: 1015835