Your partner for expanding into new markets and industries
Supporting the good businesses in
emerging market industries
The payment industry is rapidly evolving and RevaPay is a leader in defining this future. We are partnering with other thought-leaders to expand into new markets and industries that benefit the consumer, our partner and RevaPay. Please contact to us to learn more about becoming a RevaPay Strategic Partner.
We take great pride in being innovators and having a willingness to embrace change. We have only begun to untap the potential of our FINTECH and REGTECH solutions. We are always interested in ways to expand our reach and integrate with other disruptive technologies. Let’s innovate together.
Application / Onboarding
RevaPay’s application and onboarding process captures the information necessary to meet all regulatory requirements. This includes fulfilling KYC and Beneficial Owner requirements, gathering organizational, financial, licensing, and other relevant information.
Enhanced Due Diligence
Our enhanced due diligence (EDD) process includes a deep dive into the ownership, leadership, reputation, operations, customers, products, and vendors. The information is consolidated and analyzed to ensure it is a good business that desires to do things right.
In accordance with FinCEN Guidance, a limited Suspicious Activity Report must be submitted at bank account opening. RevaPay will complete the SARs and provide it to you for review and approval. RevaPay can submit the SARs on our partners’ behalf if so desired.
Regulated Industries, Cash Intensive Businesses and Emerging Market Segments
Access to financial services is a challenge. This will most likely not change any time in the near future. RevaPay has a culture centered on compliance that is evident in our transparency, analytics, reporting and strict adherence to state and federal rules, regulations and guidance. RevaPay can be your partner to help ensure you have the people, processes, and technology to mitigate your risk and to ensure you and your customers are meeting all regulatory and mandated requirements.
Closed Loop Processing and Financial Tokens
For payment processing for our merchants who are engaged in regulatory defined high-risk industries, we leverage a real-time closed loop processes leveraging tokens marked to the US dollar. These financial transactions are transparent to all parties involved in the processing and settlement.
Third-party Vendor Management
RevaPay has the most robust compliance technology and processes in the high-risk payments industries. We provide our strategic partners with the confidence in knowing their customers who are leveraging RevaPay are in strict adheres with state level licensing, mandates and regulations. The strength of the RevaPay solution does not relieve the financial institution of its own regulatory and compliance requirements.