KYC and AML Compliance Overview for India

KYC and AML processes support identity check, fraud prevention, and controls against financial crime, in line with applicable regulatory requirements. The policy sets out the platform’s approach to account protection and user safety.

• Fair play conditions through verified account holder access
• User safety through risk based security measures and checks
• Transparency in account level checks and review processes
• Compliance with applicable regulatory requirements and reporting obligations

Each new account holder is required to complete ID verification before certain services, withdrawals, or risk triggers are processed. Additional checks may apply based on risk, transaction patterns, or legal obligations.

• Government issued photo identity document for ID verification
• Proof of address document to confirm current residential details
• Payment method ownership confirmation to confirm the account holder controls the instrument used

Parimatch uses AML and counter terrorism financing controls designed to prevent misuse of accounts and payments for unlawful purposes. These security measures apply across deposits, withdrawals, betting activity, and account changes.

• Transaction monitoring for deposits, withdrawals, and gameplay patterns
• Automated detection rules to flag unusual behaviour and anomalies
• Enhanced due diligence checks for higher risk activity, products, or jurisdictions
• Review of large, unusual, or inconsistent transfers and payment flows
• Risk scoring based on account history, behaviour, and available data points
• Sanctions and PEP screening to identify restricted persons and higher risk profiles
• Reporting to competent authorities to meet reporting obligations when required by law

Certain conduct is restricted to protect users, support identity check outcomes, and reduce the risk of money laundering, fraud, and other financial crime. Breaches may result in account action under applicable terms and regulatory requirements.

• Creating or using multiple accounts to bypass checks or limits
• Using forged, altered, or stolen documents during document submission
• Attempts to launder funds through deposits, withdrawals, or bet patterns
• Manipulating platform systems, games, markets, or verification processes
• Sharing, selling, or transferring account access or credentials
• Using third party payment instruments or payment accounts not owned by the account holder
• Misrepresenting identity, address, source of funds, or other required details

Non compliance with KYC and AML requirements, or involvement in suspicious activity, can trigger reviews and enforcement actions. Actions depend on risk, available evidence, and applicable legal and regulatory requirements.

temporary or permanent account suspension, freezing or confiscation of funds linked to suspicious activity, cancellation of bets or winnings, reporting to competent authorities where applicable.

Users are required to submit accurate details and keep profile information updated, including contact information and residential address. ID verification must be completed within the timeframes requested, and document submission requests must be answered with valid and readable records. Only payment methods owned and controlled by the account holder must be used for deposits and withdrawals. Any suspected compromise, fraud attempt, or suspicious activity should be reported promptly through the official support channels to support account protection and user safety.

Parimatch maintains fair play and transparency standards to protect users and reduce the risk of fraud and financial crime. These practices support responsible gaming and a safer environment for verified users.

• Alignment with KYC and AML standards and relevant regulatory requirements
• Confidential handling of personal data with access controls and safeguards
• Ongoing transaction monitoring to identify suspicious activity patterns
• Controls to prevent manipulation, collusion, and other unfair behaviour
• Support guidance on user safety, account protection, and verification steps
• Shared responsibility between the platform and each account holder to maintain a compliant environment
• Equal conditions for all users through consistent application of checks and rules