KYC & AML Policy

Parimatch applies KYC and AML procedures to confirm the identity of each account holder, detect and prevent fraud, and combat the misuse of financial systems for unlawful purposes. The following guarantees underpin this framework:

• Fair play for all registered users on the platform
• User safety through robust account protection measures
• Full transparency in the handling of personal data and financial activity
• Adherence to applicable regulatory requirements governing online gaming in India
• A secure environment free from manipulation, abuse, or criminal exploitation

Every new user is required to complete ID verification before accessing full platform features, initiating withdrawals, or engaging in high-value transactions. The following categories of documentation may be requested during the verification process:

• A valid, government-issued photo identity document (such as a national ID, passport, or driving licence)
• Proof of current residential address issued within a recent and acceptable timeframe
• Confirmation of ownership of the payment method used to fund or withdraw from the account
• Additional supporting documents as deemed necessary based on account activity or risk assessment

Parimatch implements a comprehensive set of security measures to prevent money laundering, terrorist financing, and other forms of financial crime on its platform. The following controls are maintained as part of the AML compliance programme:

• Continuous transaction monitoring to identify irregular or suspicious activity across all accounts
• Automated detection rules that flag unusual patterns in deposits, withdrawals, or wagering behaviour
• Enhanced due diligence applied to accounts involved in high-risk events or elevated transaction volumes
• Detailed review of large or atypical fund transfers that fall outside expected user behaviour
• Risk scoring assigned to accounts based on profile data, transaction history, and geographic factors
• Screening of users against international sanctions lists and Politically Exposed Persons (PEP) databases
• Reporting obligations fulfilled by submitting relevant information to competent financial intelligence or regulatory authorities where legally required

The platform enforces strict restrictions to support the integrity of its KYC and AML obligations and to protect the interests of legitimate users. The following actions are strictly prohibited:

• Operating multiple accounts under the same or different identities (multi-accounting)
• Submitting forged, altered, or stolen identity documents during the verification process
• Conducting or attempting to conduct any form of money laundering through platform activity
• Manipulating the platform’s systems, betting mechanisms, or transaction processes in any manner
• Sharing, selling, or transferring account access to any third party
• Using payment instruments that are not registered in the account holder’s name
• Providing false or misleading personal data at any stage of registration or ongoing verification

Any breach of the platform’s KYC or AML policies will result in enforcement action proportionate to the nature and severity of the violation. Depending on the circumstances, consequences may include temporary or permanent account suspension, freezing or confiscation of funds associated with suspicious activity, cancellation of pending or settled bets and winnings connected to non-compliant behaviour, and reporting of the relevant account holder and transaction details to competent regulatory or law enforcement authorities where applicable.

Each user registered on the platform bears direct responsibility for ensuring that all personal data provided is accurate, complete, and kept up to date at all times. Account holders are required to complete the ID verification process within the timeframes communicated by the platform and to respond promptly to any requests for additional document submission. Users must ensure that all payment methods linked to their account are owned exclusively by them and are not held in the name of any other individual or entity. In the event that a user becomes aware of suspicious activity on their account or observes conduct that may constitute a breach of these policies, they are expected to report it to the platform’s compliance team without delay. Failure to cooperate with verification or compliance procedures may result in restrictions being placed on the account.

Parimatch upholds the principles of fair play and transparency to protect its users and maintain a secure, legally compliant environment for all participants on the platform. The following principles guide its approach to responsible gaming and compliance:

• Full adherence to applicable KYC and AML standards as required by relevant regulatory authorities
• Strict confidentiality and lawful protection of all personal data collected during account registration and ongoing verification
• Ongoing monitoring for suspicious activity to safeguard the platform and its users from financial crime
• Active prevention of manipulation, dishonest conduct, and any form of unfair behaviour
• Dedicated user support on matters related to account security and platform safety
• Shared responsibility between the platform and its users in maintaining a compliant and trustworthy environment
• Equal application of compliance standards and account protection measures for all registered users, without exception