1. Our role
CryptoPayWorld is a merchant of physical and digital goods. We are not a money services business, exchange, or custodian. Crypto-to-fiat settlement is performed by our regulated payment partner, currently NOWPayments.
2. Anti-Money-Laundering (AML)
- All payments are on-chain and traceable. We screen wallet addresses and transactions through our payment processor's analytics partners.
- Suspicious activity is escalated and may result in order cancellation, refund to the originating address, or reporting to the relevant Financial Intelligence Unit.
- We retain transaction records for at least 5 years.
3. KYC
We do not require KYC for standard retail orders. Enhanced due diligence (proof of identity, source of funds) may be requested for:
- Single orders above USD 10,000.
- Cumulative orders above USD 25,000 in any 30-day window.
- Orders flagged by our risk engine.
4. Sanctions
We do not ship to or transact with persons or entities subject to UN, EU, UK, or US OFAC sanctions, nor to comprehensively sanctioned jurisdictions including North Korea, Iran, Syria, Cuba, the Crimea/Donetsk/Luhansk regions, and other regions as updated.
5. Counter-Terrorism Financing
We screen orders against international watchlists. Any positive match results in immediate order suspension and reporting.
6. Tax
Buyers are responsible for declaring purchases and any applicable import duties or VAT in their jurisdiction.
7. Reporting concerns
Email compliance@cryptopayworld.com. Tips can be submitted anonymously.