Introduction

At Vestrapay, we are committed to safeguarding our users' data and ensuring our services comply with industry standards and regulations. This page outlines our compliance measures and the steps we take to secure your information.

PCI DSS Compliance

As a payment service provider, Vestrapay adheres to the Payment Card Industry Data Security Standard (PCI DSS), a globally recognized security standard designed to protect sensitive cardholder information. Our PCI DSS compliance demonstrates our dedication to maintaining the highest level of security for all transactions processed through our platform. This means that we continually implement robust security measures, such as encryption, secure data storage, and regular system monitoring, to protect your financial information.

BVN Verification

To enhance security and ensure compliance with regulatory standards, Vestrapay requires Bank Verification Number (BVN) verification for certain transactions. BVN verification is a unique identifier assigned to bank account holders, helping us to authenticate users and reduce fraudulent activities. This additional verification step adds a layer of protection, helping to maintain a secure environment for all transactions processed through our platform.

Know Your Customer (KYC) Requirements

To comply with regulatory standards and to prevent fraudulent activities, we require customers to complete a Know Your Customer (KYC) process. This process allows us to verify the identity of our users and helps us provide a secure environment for all transactions. When you sign up with Vestrapay, you may be asked to provide personal information and identification documents to complete the process. Rest assured, all information shared during the KYC verification is handled with the utmost confidentiality and used solely for compliance purposes.
At Vestrapay, we are dedicated to upholding the highest standards of data protection as outlined by the Nigeria Data Protection Regulation (NDPR). This commitment ensures that personal data is collected, processed, and stored with full respect for privacy and security. In compliance with NDPR, we obtain clear consent from individuals before gathering any data, maintaining stringent security measures to safeguard information, and empower our users with rights to access, correct, or delete their data.

NDPR - Data Compliance

At Vestrapay, we are dedicated to upholding the highest standards of data protection as outlined by the Nigeria Data Protection Regulation (NDPR). This commitment ensures that personal data is collecteed, processed, and stored with full respect for privacy and security. In compliance with NDPR, we obtain clear consent from individuals before gathering any data, maintain stringent secuirty measures to safeguard information, and empower our users with rights to access, correct, or delete their data.

Commitment to Transparency and Security

To comply with regulatory standards and to prevent fraudulent activities, we require customers to complete a Know Your Customer (KYC) process. This process allows us to verify the identity of our users and helps us provide a secure environment for all transactions. When you sign up with Vestrapay, you may be asked to provide personal information and identification documents to complete the verfication process. Rest assured, all information shared during KYC verification is handled with the utmost confidentiality and used solely for compliance purposes.