PayitFast Security Stack: Sumsub Identity Verification and Travel Rule Compliance

PayitFast uses Sumsub as its identity verification provider. Sumsub handles user verification and Travel Rule compliance, so onboarding meets global standards without adding friction.

Identity verification is the first step in any regulated payment flow. Done poorly, it either lets risk through or pushes legitimate users away.

Every user is verified before they transact. Travel Rule requirements are met on qualifying transfers, with the required sender and recipient information handled as part of the process.

Sumsub is used by more than 4,000 companies. It supports over 14,000 document types from 220+ countries and territories, and connects to a network of 2,100+ counterparties for Travel Rule transfers.

Meeting the Travel Rule

The Travel Rule adds a second requirement: when value moves between regulated entities, sender and recipient details must travel with it. Sumsub’s counterparty network lets PayitFast meet that without handling each transfer manually.

For users, this means a straightforward onboarding process that does not slow down access to the platform. For PayitFast, it means onboarding and ongoing compliance is handled with a specialised technology service provider.

Verified users and compliant transfers are what regulators and institutions expect from digital asset payments. We have built both in.