FiiPay Earn follows a risk-based KYC and Anti-Money-Laundering (AML) framework aligned with the spirit of RBI's Master Direction on KYC and the PMLA, 2002, adapted to a non-banking affiliate platform.
1. Customer identification
- Mobile number verification (OTP) at signup.
- PAN + selfie verification before the first withdrawal.
- Optional Aadhaar masked + address proof for higher monthly payout limits.
2. Monitoring
- Automated checks for duplicate PAN, duplicate device, and unusual conversion patterns.
- Manual review of accounts crossing ₹25,000 lifetime earnings.
3. Reporting
Suspicious activity may be reported to the appropriate Indian authorities (FIU-IND where applicable) and to partner CPA networks. Affected accounts will be frozen pending investigation.
4. Record keeping
KYC records and transaction logs are retained for a minimum of 5 years from the date of last activity.
5. Prohibited use
- Use of FiiPay Earn for layering / structuring of funds is strictly prohibited.
- Accounts that refuse KYC cannot withdraw earnings.