Parimatch Antifraud Measures
Parimatch operates as a licensed online casino and sportsbook, serving players across India and in international markets. The platform holds a valid operating licence and conducts all gaming and wagering activities in full compliance with applicable regulatory requirements.
Parimatch maintains a strict zero-tolerance policy towards financial fraud, money laundering, and any activity associated with the financing of terrorism. Platform security and the integrity of financial transactions are treated as the highest operational priorities. All users are required to comply with the verification and compliance procedures outlined by Parimatch as a condition of continued access to the platform.
Antifraud Information
Parimatch applies a comprehensive set of fraud prevention protocols to protect both the platform and its users. Central to these measures are Know Your Customer (KYC) procedures, which verify the identity of each registered user before any withdrawal or high-value transaction is processed. These protocols operate in accordance with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) obligations applicable to licensed gaming operators.
The financial security measures employed by Parimatch include the following:
- Identity Verification (KYC): All users are required to submit valid government-issued identification documents. Accepted documents include a PAN card, Aadhaar card, passport, or other government-recognised identity proof.
- Address Verification: Proof of residential address is collected and verified as part of the standard onboarding and withdrawal review process.
- Source of Funds Review: Parimatch reserves the right to request documentation confirming the legitimate origin of funds deposited or wagered on the platform, particularly where transaction volumes are unusually high.
- Transaction Monitoring: All financial transactions on the platform are subject to ongoing monitoring for patterns consistent with money laundering, fraud, or other prohibited financial activity.
- Suspicious Activity Reporting: Where a transaction or user behaviour raises reasonable grounds for suspicion, Parimatch is obligated to file a report with the relevant financial intelligence or regulatory authority without alerting the user concerned.
- Politically Exposed Persons (PEP) Screening: Users identified as politically exposed persons or those connected to such individuals are subject to enhanced due diligence procedures prior to account approval and during the lifecycle of the account.
- Account Restrictions and Termination: Parimatch reserves the right to suspend, restrict, or permanently close any account found to be in breach of its AML or KYC policies, and to withhold funds pending regulatory review where required by law.
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