Is WAYV Pay regulated as a bank?

No. WAYV Pay is a technology and payment platform. Regulated account and payment services may be supplied by third-party providers, and their terms apply to those services.

Funds, fiat accounts and digital assets may be handled by different providers depending on the service used. The provider for each service is identified in the applicable terms.

Can a blockchain payment be reversed?

No. Blockchain transactions may be irreversible once confirmed, so destination addresses and networks should be verified before sending.

What compliance checks apply?

KYB verification, sanctions and risk screening, and ongoing transaction monitoring by WAYV Pay's providers. Payments may be paused pending review.

Security, compliance and provider responsibilities

WAYV Pay is a technology and payment platform, not a bank. Business services are subject to KYB and compliance review, and account and payment services may be supplied by regulated third-party providers. Availability depends on jurisdiction and provider approval, and each service carries its own terms that you should review before use.

Apply for a Business Account

Subject to KYB approval, country availability and provider terms.

What this means in practice

WAYV Pay provides the platform, dashboard and payment orchestration.
Services are subject to KYB and ongoing compliance review.
Account and payment services may be supplied by regulated third-party providers.
Availability depends on jurisdiction and provider approval.
Blockchain transactions may be irreversible once confirmed.
Funds, fiat accounts and digital assets may be handled by different providers.
Review the applicable terms before using each service.

Platform security measures

Encrypted transport for all traffic to and from the platform.
Access to business data restricted to authenticated account users.
Wallet operations require an additional verification step by the account owner.
Provider webhooks are signature-verified before any record is updated.

Frequently asked questions

Is WAYV Pay regulated as a bank?: No. WAYV Pay is a technology and payment platform. Regulated account and payment services may be supplied by third-party providers, and their terms apply to those services.
Who holds my funds?: Funds, fiat accounts and digital assets may be handled by different providers depending on the service used. The provider for each service is identified in the applicable terms.
Can a blockchain payment be reversed?: No. Blockchain transactions may be irreversible once confirmed, so destination addresses and networks should be verified before sending.
What compliance checks apply?: KYB verification, sanctions and risk screening, and ongoing transaction monitoring by WAYV Pay's providers. Payments may be paused pending review.

Apply for a WAYV Pay business account

Apply for a Business Account Contact WAYV Pay