Last Updated: March 8, 2026
1. Purpose
This Know Your Customer (KYC) Policy describes how OgaPos.com (“OgaPos”) verifies the identity of users to prevent fraud, financial crime, and unauthorized use of the platform.
Because OgaPos operates an escrow transaction service, identity verification is required to maintain trust and comply with financial regulations.
2. Identity Verification Requirements
OgaPos may require users to verify their identity before they can:
-
- Initiate escrow transactions
- Receive escrow payments
- Withdraw funds
- Access certain platform features
- Verification may be required for buyers, sellers, or both parties.
3. Information That May Be Requested
Users may be required to submit:
Personal Users
- Full legal name
- Date of birth
- Residential address
- Phone number
- Government-issued identification (passport, national ID, driver's license)
Business Users
- Registered business name
- Business registration documents
- Director or owner identification
- Business address
4. Additional Verification
OgaPos may request additional verification when:
- Transactions exceed certain thresholds
- Suspicious activity is detected
- Regulatory compliance requires further verification
- Additional verification may include:
- Selfie verification
- Address confirmation
- Bank account verification
5. Verification Failure
If a user fails to complete identity verification:
- Account access may be limited
- Escrow transactions may be restricted
- Withdrawal of funds may be temporarily blocked
6. Data Protection
All identity information submitted for verification is handled in accordance with our Privacy Policy and stored securely.
7. Fraud Prevention
OgaPos reserves the right to:
- Reject suspicious verification documents
- Suspend accounts involved in fraudulent activity
- Report illegal activity to authorities when required