According to Group-IB, an amount of hacked online accounts constantly grows every year. The main priority of Paysafe is to provide to its customers completely secure payment solutions.
This process usually takes some time for Skrill and NETELLER customers. It won’t be possible to enter false personal data and use an account without restrictions.
Users have to confirm ID, address and account ownership. It takes 5-7 days on average, but there’s a way to speed up the process.
If you do appreciate your time, register an account through VipDeposits loyalty program. All our customers pass verification with the highest priority, so it takes no longer than 24 hours!
The Fifth Anti-Money Laundering Directive (AMLD5) is the major legal act that regulates online payment systems in the EU. Its main purpose is to prevent financial frauds. Thorough customer verification and additional authentication are the most important requirements of AMLD5.
Payment systems which don’t comply with this directive can expect sanctions from regulatory bodies.
AMLD5 came into force on January 10, 2020, but there already were several cases related to compliance with it. For example, recently all ePayments customer accounts have been suspended. This decision was taken by financial regulatory body FCA, which found many weaknesses that required immediate remediation.
Skrill prepared for AMLD5 in advance and implemented SCA back in June, 2019. The same applies to NETELLER: customers have to pass additional authentication during the login process.
In order to login to Skrill or NETELLER account customers have to enter a one-time code sent to their phone or email. This additional measure prevents hackers from accessing your account even if they know your password.
Another security layer has been developed together with Google Authenticator. If you are inactive for the 10 minutes period while logged into your account, the system will automatically log you out.
Protection of funds is the most important factor to consider: no one wants to find his e-Wallet balance has suddenly been zeroed out. Safety and security of customer accounts are the main priorities for Paysafe payment solutions. That’s why Skrill and NETELLER are so popular worldwide.
Exclusive benefits for Skrill and NETELLER customers
If you are involved in gambling-related activities and the quality of service is important to you, join VipDeposits loyalty program! Along with security, privacy protection and fast transactions you will obtain the following privileges:
Join the smart gamblers team! Don’t hesitate to contact us anytime – we are always happy to help.
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