Compliance
Payment Rails operates with a commitment to regulatory compliance while prioritizing user privacy. Based in Singapore, we adhere to local regulations while protecting your financial sovereignty.
Singapore Operations
Payment Rails Pte. Ltd. is incorporated and headquartered in Singapore, operating under the jurisdiction's business-friendly regulatory framework. Singapore's robust legal system provides a stable foundation for digital payment services.
We comply with Singapore's Personal Data Protection Act (PDPA), ensuring that personal data is collected, used, and disclosed responsibly.
Our Compliance Standards
Anti-Money Laundering (AML)
We implement reasonable AML procedures to prevent misuse of our platform while respecting user privacy.
Know Your Customer (KYC)
Proportionate verification processes that balance regulatory requirements with user experience.
Data Protection
Full compliance with PDPA and international data protection best practices.
Operational Transparency
Clear terms of service and transparent fee structures with no hidden charges.
Privacy-First Approach
Data Confidentiality Guarantee
Payment Rails maintains a strict policy of not sharing user data with external parties. This includes:
- No disclosure to government or regulatory agencies
- No reporting to tax authorities
- No sharing with third-party analytics or advertising services
- No sale of data to any external parties
User Responsibility
While we protect your privacy, users are responsible for understanding and complying with laws and regulations applicable in their own jurisdictions. Our services are designed to facilitate legitimate business transactions.
For compliance-related inquiries, contact us at compliance@paymentrails.io