Business Insider

PointPay Sets Regulations and Compliance to Meet Industry Standards and Regulations.

King Newswire

PointPay is a leading blockchain-based financial platform committed to upholding industry standards and regulations to ensure a secure and compliant ecosystem for its users.

With the new developments, PointPay sets regulations and compliance to meet industry standards and regulations. By implementing robust compliance measures, PointPay makes it easy and affordable for anyone who wants to use cryptocurrencies. The company adheres to industry standards as well as international regulations. Users can rest assured that the platform is fast but also legal, safe, and secure.

PointPay actively meets industry standards and regulations, solidifying its position as a reliable and compliant financial platform. By adhering to regulatory frameworks, the company is poised to meet the evolving requirements set by financial authorities. The platform operates in alignment with international standards. The platform has three tiered KYC (Know Your Clients) security levels. KYC-0 allows users to deposit or use fiat currency to buy one or more cryptocurrencies. KYC-1 security clearance enables users to make withdrawals, transfers, and transactions under US$1,000. The platform’s KYC-2 clearance allows users to make financial transactions of more than US$1,000. PointPay uses extra security measures for large transactions. These include generating a unique payment password which helps to keep transactions encrypted while they are being processed on the platform.

In addition, the platform employs the state of the art security measures, including encryption protocols and multi factors authentication, to safeguard users’ data and prevent unauthorized access. The platform offers two types of wallets, cold wallets and hot wallets. Users can choose to use cold storage or air-gapped wallets that aren’t connected to the platform. Without platform approval, users are unable to make transactions to and from PointPay cold wallets. The platform provides another layer of protection to their cryptocurrency wallet. The users who want the freedom to make transactions without PointPay pre-approval can store their assets in a hot wallet.

Furthermore, PointPay gives the opportunity to live chat and email customer service contact options. The firm provides services 24 hours a day, seven days a week. The firm offers customer service in English and other languages to serve its international client base. The company currently allows users to achieve returns and get immediate loans.

About PointPay:

PointPay is a blockchain-based financial platform at the forefront of crypto usage and investment. It offers individuals worldwide multiple financial services tailored to meet their exact needs. PointPay is fully regulated under EU and UK law. It meets government regulations and industry regulations alike. This ensures the users will retain access to their hard-earned investments. The platform provides top-tier security to keep their digital information private.

Additionally, PointPay is also planning on launching a crypto debit card later in 2023. Its debit card will enable users to conduct the same financial transactions that can currently be made with a regular debit card.

Media Contact

Organization: Point pay

Contact Person: Vladimir Kardapoltsev

Website: https://pointpay.io

Email: vladimir@pointpay.io

Address: Tallinn, Harju maakond

City: Tallinn

Country: Estonia

 

Release Id: 2205233653