The technology was developed by Match-Trade Technologies in 2018 when the consumer demand for crypto payments started growing. Since then, it has undergone continuous development and expansion.
GGPay prioritises security and regulatory compliance, offering businesses peace of mind when processing crypto payments. The GGPay legal compliance oversight ensures adherence to stringent standards and provides an added layer of trust and credibility for business.
GGPay Ltd is regulated by the Seychelles Financial Services Authority as a Virtual Asset Exchange. GGPay is registered in U.S. Patent and Trademark Office, the European Union Intellectual Property Office and Office of the Controller General of Patents, Designs and Trade Marks in India. Unauthorized use of the above trademark without the consent of the company is prohibited. Match-Trade Technologies is a strategic IT partner of GGPay Ltd. and an independent company.
B2B Only Notice
GGPay services are provided exclusively on a B2B basis to businesses, merchants and regulated financial institutions. GGPay does not onboard retail users, does not provide services to private individuals and does not solicit or accept consumer business. GGPay provides virtual asset custody services exclusively to business and institutional clients, including merchants, brokers and regulated financial institutions. Custody services are provided in connection with GGPay’s payment, exchange and settlement infrastructure and are subject to applicable regulatory, security and compliance requirements. GGPay does not provide standalone wallet or custody services to private individuals.
AML / CFT & Travel Rule Compliance
GGPay maintains an AML/CFT compliance framework aligned with applicable laws, regulatory requirements and FATF recommendations. GGPay applies a risk-based approach to customer due diligence, transaction monitoring and sanctions screening. Where applicable, GGPay implements Travel Rule measures in connection with virtual asset transfers and cooperates with relevant counterparties and authorities in accordance with applicable regulations.
Custody & Safeguarding
Virtual assets held in custody by GGPay are recorded and safeguarded in accordance with applicable laws, regulatory requirements and internal control procedures. Virtual asset custody involves operational, technological and counterparty risks. Clients should ensure that custody services are appropriate for their business model and regulatory obligations. Client virtual assets held in custody are segregated and recorded in accordance with applicable laws and internal safeguarding procedures.
Restricted Jurisdictions
GGPay does not establish relationships with, and does not provide services to, clients incorporated, registered or operating in jurisdictions subject to comprehensive sanctions, high-risk AML classifications or other material regulatory restrictions. Without limitation, GGPay services are not available to clients incorporated or operating in the following jurisdictions: the United States of America, Canada, Australia, Cuba, Russia, Iran, North Korea, Myanmar, South Sudan and Syria, or in any other jurisdiction where the provision of virtual asset exchange, payment, custody, on-ramp or off-ramp services would be restricted or prohibited by applicable laws, sanctions or regulatory requirements. Availability of services is subject to jurisdictional assessment and successful completion of GGPay’s institutional onboarding and due diligence processes.
Trademarks & Group Relationship
GGPay is the registered owner of the Match2Pay trademark in the United States, the European Union and India. Unauthorized use of the trademark without prior consent is prohibited. Match-Trade Technologies is a strategic IT partner of GGPay Ltd. and an independent technology provider.
