Reduce transactional risk


Remove risk for your buyers and your marketplace through an extensive range of automated identity and security checks on your sellers, all at lightning speed.

A risk free marketplace


PromisePay takes away the risk associated with payments, making your marketplace a safe place for customers.

Know who your customer is


Know Your Customer (KYC) checks ensure we collect and analyze basic identity information on each and every seller before allowing them to transact in order to determine their risk profile and transactional behaviour.

Feature Image
Feature Image

Anti-money laundering measures


U.S. Treasury Department compliance


In compliance with the US Treasury Department, we check every customer against the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) database to ensure no business is done with certain nations, entities and individuals that the USA has economic and trade sanctions against.

Feature Image
Feature Image

High risk seller identification


Staged underwriting process


PromisePay collects necessary customer identity information upfront, but doesn’t perform any checks until your buyer has made payment. This process reduces exposure to risk and allows transactions to progress rapidly for a better user experience.

Feature Image
Feature Image

Credit checks and assessments