Introduction to ID verification and AML objectives in India

Parimatch applies KYC and AML controls to verify identity, prevent fraud and financial crime, and meet reporting obligations in India. These measures support a trusted environment for lawful play.

• Fair play supported by consistent identity controls
• User safety through account protection and risk-based checks
• Transparency in how personal data is used for compliance
• Compliance with regulatory requirements and local laws
• Security measures that reduce misuse and abuse

Every new account holder must complete identity verification before certain features, withdrawals, or limits are enabled. Additional checks may be required at any time to satisfy legal duties or to address risk indicators.

• Government-issued photo identification for identity check
• Proof of address dated within a recent period
• Confirmation of ownership for the selected payment method
• Additional verification such as a selfie or liveness check when risk warrants
• Further document submission if discrepancies arise

The platform implements AML controls to prevent money laundering and illegal activity, consistent with the Prevention of Money-laundering Act, 2002 and applicable rules in India. Measures are proportionate to risk and include reporting obligations to the Financial Intelligence Unit-India where required by law.

• Transaction monitoring of deposits, wagers, transfers, and withdrawals for suspicious activity
• Automated detection rules, thresholds, and alerts calibrated to risk
• Enhanced due diligence for high-risk profiles or events, including source-of-funds reviews
• Reviews of large or unusual transfers and patterns inconsistent with expected behaviour
• Risk scoring and periodic reassessment of user and payment risks
• Sanctions and PEP screening against relevant lists, including UNSC and domestic designations
• Regulatory reporting to FIU-IND when legally required, backed by appropriate record-keeping

Restrictions apply to reduce misuse, protect personal data, and uphold KYC/AML standards. Breaches may result in enforcement as outlined below.

• Creating or operating multiple accounts for the same person
• Using forged, altered, or stolen documents during verification
• Any attempt to launder funds or disguise the origin of money
• Manipulating systems, exploiting errors, or evading security measures
• Sharing, selling, or otherwise transferring account access
• Using third-party or anonymous payment instruments
• Misrepresenting identity or acting on behalf of an undisclosed party

Violations of KYC or AML requirements may trigger intervention, consistent with legal duties and the platform’s risk-based approach. Actions depend on severity and applicable law.

Temporary or permanent account suspension, freezing or confiscation of funds linked to suspicious activity, cancellation of bets or winnings, reporting to competent authorities where applicable.

Users must provide accurate and up-to-date personal data and complete verification within the requested timeframes. Users must respond promptly to requests for additional information or document submission, including any enhanced due diligence. Payment methods used on the site must belong to the account holder. Users must report suspicious activity, unauthorized access, or security concerns without delay. Responsible gaming practices and basic security measures, such as strong passwords and two-factor authentication where available, help protect accounts.

Parimatch upholds fair play and transparency to help maintain a safe environment for lawful use of the services in India. These principles guide conduct, oversight, and support for all users.

• Adherence to KYC/AML standards and regulatory requirements
• Confidentiality and protection of personal data under applicable laws
• Ongoing monitoring and timely escalation of suspicious activity
• Prevention of manipulation, collusion, and other unfair behaviour
• User support on safety matters and clarity on reporting obligations
• Shared responsibility between the platform and users
• Equal conditions and consistent rules for all users