One of our core focus is to keep our customers’ funds safe and secured. To implement such measures Arorapay performs a Know Your Client procedure to all the users of the platform with no exceptions.
Read this articlehas to keep its records on your activity up-to-date, that is why we may request a certain information to be provided from time to time in accordance with our Know Your Client policy.
Arorapay is fully licensed financial institution since 2023. You can easily check the status of our authorisation at the website of Financial Conduct Authority of the UK.
Arorapay keeps your funds allocated from our own money. Your funds are stored and secured in accordance with the highest level of safety. We do not have any intention and authorisation to use your funds.
Arorapay is subject to the reporting and supervision of the Financial Conduct Authority in the UK. You can learn more about the process of our supervision at the website of Financial Conduct Authority.
We treat your information as confidential and do not use it for the unrelated purposes. You can learn more about how your data is treated by us reading our Privacy Policy.
Arorapay uses multiple safety tools to monitor the processes which are being initiated within our platform. Any suspicious activity is immediately reported by the system itself.
Arorapay uses a specific technology security measures to receive and process the information provided by our clients.
Arorapay uses a secured network to collect and store the information which is being used to share the information.
We store your data only at the highly secured storage facilities fully owned and maintained by Arorapay.
We implemened various safety measures which can be added by you to your account, those are 2-steps verification, face recognition and others.
We employ a certain verification process along with the Know Your Client procedure in order to make sure that the provided information is accurate and relevant.
Your data is only being treated in accordance with legal requirements as per data protection laws in the UK.
If such cases happen, Arorapay can limit a certain tools available within our platform or even limit the enitre access to the account due to the internal policy.
However, such cases do not ruin our cooperation completely. There is always an option to complete and submite the required data and your access to the tools ofered will be renewed.
We keep your data secured during the while jorney with us and we do not use it for the unrelated purposes.
However, please keep in mind that we closely cooperate with authorities who can in certain cases request your data or portion of your data.
We support all major currencies, such as: EUR, USD, GBP and others. The availability of multiple currencies is provided by our corresponding partners worldwide.
Unfortunately, within Payscrip system the personal bank accounts are not supported, however we serve businesses of all types.
Our platform uses SEPA (1-2 business days), SEPA INSTANT (immediately), SWIFT (1-3 business days) and other payment schemes in order to perform transactions.
You can inject the funds using a direct wire transfer from your accounts, or may wish to connect other accounts maintained by 3rd parties using our Open Banking functionality.
Payscrip implements a KYC process to ensure a safety of the clients’ funds stored at our platform. During the registration process it will be required to provide: corporate documents, personal information and documents of the management of your business and the beneficiary, financial information about your business and your cashflow (projected and current).
Mon - Fri from 8 am to 6 pm
Sat - Sun from 10 am to 4 pm
We will contact you as soon as possible.
