Parimatch Antifraud Measures
Parimatch operates as a licensed online casino and sportsbook provider, delivering gaming and betting services to players across India and international markets. The platform holds a valid operating license and maintains strict adherence to fair play standards mandated by regulatory authorities. Financial fraud, money laundering, and terrorism financing are not tolerated under any circumstances. Platform security remains the highest operational priority, supported by comprehensive compliance frameworks and continuous monitoring systems.
Antifraud Information
Parimatch implements multiple fraud prevention protocols designed to protect users and maintain regulatory compliance. These measures are anchored by mandatory Know Your Customer (KYC) procedures that verify player identities and transaction legitimacy. All financial operations undergo systematic review to detect and prevent unlawful activity.
Financial Security Measures Employed by Parimatch:
- Identity Verification: All account holders must complete KYC procedures before processing withdrawals, including submission of government-issued identification documents and proof of address.
- Transaction Monitoring: Automated systems track deposit and withdrawal patterns in real time, flagging unusual activity for manual review by compliance officers.
- Source of Funds Verification: Players may be required to provide documentation proving the origin of deposited funds, particularly for large or frequent transactions.
- Enhanced Due Diligence (EDD): High-value accounts and transactions undergo additional scrutiny, including extended verification processes and periodic reviews.
- Suspicious Activity Reporting: The platform maintains protocols for reporting suspected money laundering or terrorism financing to relevant regulatory authorities in accordance with legal obligations.
- Third-Party Payment Verification: All payment methods linked to player accounts are validated to confirm ownership and prevent unauthorized use.
- Ongoing Account Monitoring: Existing accounts are subject to continuous review, and additional verification may be requested at any time to maintain compliance standards.