Compliance & Regulations

KukaPay is committed to operating within the highest standards of regulatory compliance and security.

ISO 27001

Information Security Management

Certified
SOC 2 Type II

Security & Availability

Audited
PCIDSS

Payment Card Security

Level 1
SSL/TLS

256-bit Encryption

Active

Regulatory Compliance

Powered by a CBN-licensed PSP

Partnered

KukaPay is a financial technology company — not a bank. Payment processing and custody of customer funds are provided by Flutterwave, a Payment Service Provider licensed by the Central Bank of Nigeria. We operate in line with CBN guidelines for fintech apps.

Powered by Flutterwave (CBN PSP)

Nigeria Data Protection (NDPR/NDPA)

Compliant

We adhere to the Nigeria Data Protection Regulation 2019 and the Nigeria Data Protection Act 2023, ensuring your personal data is collected, processed, and stored in accordance with Nigerian law.

NDPC registration in progress

Card data handling

PCI-DSS via processor

KukaPay does not store raw card data. All card transactions are processed by Flutterwave, which is PCI-DSS Level 1 certified — the highest level of certification for handling card transactions.

PCI-DSS Level 1 (via Flutterwave)

KYC / AML

Implemented

We implement Know Your Customer (KYC) and Anti-Money Laundering (AML) checks — NIN, government-issued ID, and face verification — in line with CBN guidelines and the Money Laundering (Prevention and Prohibition) Act 2022. We do not collect your BVN.

NIN + ID + face verification

Anti-Money Laundering Policy

KukaPay maintains a comprehensive Anti-Money Laundering (AML) program designed to prevent our platform from being used for money laundering, terrorist financing, or other financial crimes.

Our AML measures include:

  • Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for high-risk customers
  • Transaction monitoring systems to detect suspicious patterns
  • Suspicious Transaction Reports (STRs) filed with NFIU when required
  • Regular staff training on AML procedures and red flags
  • Independent audits of our AML compliance program

Compliance Questions?

For regulatory inquiries or compliance-related matters, please contact our Compliance Officer.

compliance@kukapay.com.ng