Effective Date: August 18, 2026
Anti-money laundering (AML) and know-your-customer (KYC) checks are standard practice across the financial services industry, and BomjoPay is no exception. Before you can fully use the platform, we verify who you are. This page is a plain-language summary of why, not our internal compliance policy.
Identity verification protects you and everyone else on the platform. It helps prevent someone else from opening an account in your name, makes it much harder for stolen funds to move through the system, and helps us and our licensed partners meet the financial regulations that keep the platform trustworthy for everyone.
During sign-up, and occasionally afterward, we may ask you to confirm details about yourself and provide valid identification. This is a routine part of using a regulated financial platform, not a sign that anything is wrong with your account. The exact information requested can vary based on the service you're using and applicable regulatory requirements.
The best way to keep verification quick and painless is to provide accurate, up-to-date information and respond promptly if we ever reach out to confirm something. If any of your details change, such as your contact information, it helps to keep your account updated.