> ## Documentation Index
> Fetch the complete documentation index at: https://docs.spacepay.solutions/llms.txt
> Use this file to discover all available pages before exploring further.

# Compliance and Security

> Learn about SpacePay's KYB requirements and data protection measures

# KYB & Data Protection

SpacePay maintains the highest standards of compliance and security to protect your business and customers.

## KYB Requirements

Know Your Business (KYB) verification is required for all merchants using SpacePay. This process helps us comply with financial regulations and protect against fraud.

<Card title="Why KYB is Required" icon="shield-alt">
  * **Regulatory Compliance** - KYB helps us comply with anti-money laundering
    (AML) and counter-terrorism financing (CTF) regulations.
  * **Risk Management** -
    We verify business identity and assess risk profiles to prevent fraudulent
    activities.
  * **Customer Protection** - KYB protects your business reputation
    and customer funds.
</Card>

### KYB Process

<Steps>
  <Step title="Account Creation">
    Provide basic business information during signup:

    * Company name and type
    * Business address
    * Contact information
  </Step>

  <Step title="Support Contact">
    Our support team will contact you to collect additional KYC/KYB information
    and required documents.
  </Step>

  <Step title="Verification Review">
    Our compliance team reviews your information and documents for approval.
  </Step>

  <Step title="Account Activation">
    Once approved, your account is activated and you can start processing payments.
  </Step>
</Steps>

<Note>
  **Processing Time**: KYB verification typically takes 1-3 business days.
  Contact our support team if you have questions about the process.
</Note>