{"id":11053,"date":"2024-10-03T12:36:35","date_gmt":"2024-10-03T12:36:35","guid":{"rendered":"https:\/\/production-mode.com\/centibusiness\/?page_id=11053"},"modified":"2024-10-15T06:41:26","modified_gmt":"2024-10-15T06:41:26","slug":"compliance","status":"publish","type":"page","link":"https:\/\/production-mode.com\/finaldemocentibusiness\/compliance\/","title":{"rendered":"Compliance"},"content":{"rendered":"\t\t
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Compliance<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Compliance statement<\/span><\/path><\/svg><\/span><\/path><\/svg><\/span><\/div>

Centi is a financial service provider and is a member in the Financial Services Standards Association (VQF) which is a FINMA supervised Self Regulatory Organisation (SRO). It is evident that electronic-cash, such as Bitcoin\u02e2\u1d5b (BSV) keeps it\u2019s own records preserved much better than e.g. physical cash. This means better records for compliance which we take very seriously at Centi. Centi retains all records for as long as legally required and will also monitor transactions for associated risks. Local cash limits are automatically enforced for all merchants.<\/span><\/p><\/div>\n <\/div>

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Centi Data Privacy Policy<\/span><\/path><\/svg><\/span><\/path><\/svg><\/span><\/div>

Centi upholds a serious commitment to data privacy. For more information, please refer to the privacy policy at <\/span>centi.ch\/privacy<\/span><\/a>.<\/span><\/p><\/div>\n <\/div>

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Protecting Web3: Centi\u2019s Stand on Security<\/span><\/path><\/svg><\/span><\/path><\/svg><\/span><\/div>

At Centi Ltd, we are committed to promoting financial inclusion, empowerment, and security. Centi serves as an easy-to-use gateway to Web3 technology, offering a versatile alternative to traditional banking and credit cards, making digital payments accessible and secure for everyone.<\/span><\/p>

As we expand access to these innovative tools, we remain dedicated to protecting the integrity of the Web3 ecosystem. Think of Web3 as a vibrant garden of innovation and collaboration \u2013 Centi is one of the gatekeepers. While we aim to invite everyone in, our priority is to protect this space from potential misuse.<\/span><\/p>

Due to attempts to exploit our products, we have introduced identity checks for adding funds via credit cards. This measure is to prevent abuse and maintain security, not to compromise user privacy. Cash and bank exchanges will continue without identification requirements, maintaining a balance between security and convenience.<\/span><\/p>

\u00a0<\/span>Our goal remains to offer a safe, secure, and user-friendly platform that empowers everyone to participate in the digital economy. These additional checks will help maintain the integrity of our platform and the Web3 ecosystem while providing an easy gateway to digital cash payments.<\/span><\/p><\/div>\n <\/div>

\n
Platform and Stablecoin Security Measures<\/span><\/path><\/svg><\/span><\/path><\/svg><\/span><\/div>

Centi follows the most recent security practices and protocols to ensure the safety of your assets. Our security checks and upgrades are regular, ensuring that the platform remains secure in the face of evolving threats.<\/span><\/p>

\u00a0<\/span>Centi maintains encrypted copies of wallets, which remain secure even if our database is accessed or stolen. To access these encrypted copies and make payments, user login credentials are required. Our database is maintained by a reputable external service provider who complies with relevant ISO norms and data protection standards.<\/span><\/p>

\u00a0\u00a0<\/span>One of the risks with cash is potential buyer\u2019s remorse, and you should be aware that we cannot reverse transactions. This also means that unauthorized debits or credits, as with cards, are not possible. <\/span>
<\/span>We encourage our users to ensure they truly want a product or service before making payments with you as merchants. While you as merchants can issue refunds, we are unable to assist with this process like traditional card payment providers.<\/span><\/p><\/div>\n <\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\n\t\t\t\r\n\r\n\r\n \r\n \r\n Document<\/title>\r\n<\/head>\r\n<body>\r\n <style>\r\n @import url('https:\/\/fonts.googleapis.com\/css2?family=Open+Sans&display=swap');\r\n\r\n \r\n\r\n .accordion {\r\n max-width: 100%;\r\n text-align: left;\r\n }\r\n\r\n .accordion-item-custom {\r\n padding: 20px 20px 20px 30px;\r\n margin: 1.5em auto;\r\n position: relative;\r\n border-radius: 20px;\r\n box-shadow: 0 4px 10px rgba(0, 0, 0, 0.2);\r\n }\r\n\r\n input[type=\"checkbox\"] {\r\n display: none;\r\n }\r\n\r\n input[type=\"checkbox\"] ~ div {\r\n max-height: 0;\r\n overflow: hidden;\r\n transition: max-height 0.5s ease;\r\n padding-right: 15px;\r\n }\r\n\r\n input[type=\"checkbox\"]:checked ~ div {\r\n max-height: 800px; \/* adjust this based on content size *\/\r\n }\r\n\r\n label {\r\n display: flex;\r\n justify-content: space-between;\r\n align-items: center;\r\n cursor: pointer;\r\n }\r\n\r\n label::after {\r\n content: '';\r\n display: inline-block;\r\n width: 20px; \/* Adjust size *\/\r\n height: 20px; \/* Adjust size *\/\r\n background-size: contain;\r\n background-position: center;\r\n background-repeat: no-repeat;\r\n background-image: url('data:image\/svg+xml;utf8,<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"40\" height=\"40\" viewBox=\"0 0 40 40\" fill=\"none\"><rect x=\"1\" y=\"1\" width=\"38\" height=\"38\" rx=\"19\" stroke=\"%230C0B0B\" stroke-width=\"2\"><\/rect><path d=\"M20.227 25.3333L20.227 26.5404L21.0805 25.6869L24.4909 22.2765L24.1374 21.9229L24.4909 22.2765C24.5795 22.1879 24.723 22.1879 24.8116 22.2765C24.9001 22.365 24.9001 22.5086 24.8116 22.5971L20.1606 27.2481C20.072 27.3367 19.9285 27.3367 19.8399 27.2481L19.4864 27.6017L19.8399 27.2481L15.1891 22.5974C15.1446 22.5528 15.1226 22.4956 15.1226 22.4369C15.1226 22.3783 15.1446 22.321 15.189 22.2766C15.2775 22.188 15.421 22.188 15.5096 22.2766L15.5096 22.2766L18.92 25.6869L19.7735 26.5404L19.7735 25.3333L19.7735 12.9121C19.7735 12.7869 19.8751 12.6854 20.0003 12.6854C20.1254 12.6854 20.227 12.7869 20.227 12.9121L20.227 25.3333Z\" fill=\"%230C0B0B\" stroke=\"%230C0B0B\"><\/path><\/svg>');\r\n transition: transform 0.3s;\r\n margin-right: 20px;\r\n}\r\n\r\n input[type=\"checkbox\"]:checked + label::after {\r\n transform: rotate(-180deg);\r\n }\r\n\r\n h2 {\r\n margin: 0;\r\n }\r\n\r\n .main-heading-inner-support-page {\r\n font-size: 45px;\r\n }\r\n\r\n label h2 {\r\n font-size: 18px !important;\r\n font-weight: 600 !important;\r\n }\r\n\r\n .accordion-item-custom div {\r\n font-size: 18px !important;\r\n margin-top: 20px;\r\n }\r\n\r\n h1.main-heading-inner-support-page {\r\n font-size: 45px;\r\n margin-bottom: 50px;\r\n }\r\n\r\n h2, .entry-content h2 {\r\n line-height: 28px !important;\r\n }\r\n\r\n .entry-content h2 {\r\n margin: unset !important;\r\n }\r\n\r\n label:hover h2 {\r\n color: #0077fe;\r\n }\r\n .accordion-item-custom a {\r\n text-decoration: none; \/* Remove underline *\/\r\n color: #0077FF; \/* Change text color *\/\r\n \r\n font-size: 16px; \/* Set font size *\/\r\n}\r\n\r\n.accordion-item-custom a:hover {\r\n color: #0056b3; \/* Change color on hover *\/\r\n text-decoration: underline; \/* Add underline on hover *\/\r\n}\r\n <\/style>\r\n\r\n <h1 class=\"main-heading-inner-support-page\">Compliance\r\n<\/h1>\r\n \r\n <div class=\"accordion\">\r\n\r\n <article class=\"accordion-item-custom\">\r\n <input id=\"article1\" type=\"checkbox\">\r\n <label for=\"article1\">\r\n <h2>Compliance statement\r\n <\/h2>\r\n <\/label>\r\n <div>\r\n Centi is a financial service provider and is a member in the Financial Services Standards Association (VQF) which is a FINMA supervised Self Regulatory Organisation (SRO). It is evident that electronic-cash, such as Bitcoin\u02e2\u1d5b (BSV) keeps it\u2019s own records preserved much better than e.g. physical cash. This means better records for compliance which we take very seriously at Centi. Centi retains all records for as long as legally required and will also monitor transactions for associated risks. Local cash limits are automatically enforced for all merchants.\r\n\r\n\r\n <\/div>\r\n <\/article>\r\n <article class=\"accordion-item-custom\">\r\n <input id=\"article2\" type=\"checkbox\">\r\n <label for=\"article2\">\r\n <h2>Centi Data Privacy Policy\r\n <\/h2>\r\n <\/label>\r\n <div>\r\n Centi upholds a serious commitment to data privacy. For more information, please refer to the privacy policy at <a href=\"https:\/\/centi.ch\/privacy-policy\/\"> centi.ch\/privacy.<\/a>\r\n\r\n\r\n <\/div>\r\n <\/article>\r\n <article class=\"accordion-item-custom\">\r\n <input id=\"article3\" type=\"checkbox\">\r\n <label for=\"article3\">\r\n <h2>Protecting Web3: Centi\u2019s Stand on Security\r\n\r\n <\/h2>\r\n <\/label>\r\n <div>\r\n At Centi Ltd, we are committed to promoting financial inclusion, empowerment, and security. Centi serves as an easy-to-use gateway to Web3 technology, offering a versatile alternative to traditional banking and credit cards, making digital payments accessible and secure for everyone.\r\n<br><br>\r\nAs we expand access to these innovative tools, we remain dedicated to protecting the integrity of the Web3 ecosystem. Think of Web3 as a vibrant garden of innovation and collaboration \u2013 Centi is one of the gatekeepers. While we aim to invite everyone in, our priority is to protect this space from potential misuse.\r\n\r\n<br><br>\r\nDue to attempts to exploit our products, we have introduced identity checks for adding funds via credit cards. This measure is to prevent abuse and maintain security, not to compromise user privacy. Cash and bank exchanges will continue without identification requirements, maintaining a balance between security and convenience.\r\n<br><br>\r\nOur goal remains to offer a safe, secure, and user-friendly platform that empowers everyone to participate in the digital economy. These additional checks will help maintain the integrity of our platform and the Web3 ecosystem while providing an easy gateway to digital cash payments.\r\n \r\n\r\n\r\n\r\n <\/div>\r\n <\/article>\r\n <article class=\"accordion-item-custom\">\r\n <input id=\"article4\" type=\"checkbox\">\r\n <label for=\"article4\">\r\n <h2>Platform and Stablecoin Security Measures\r\n\r\n <\/h2>\r\n <\/label>\r\n <div>\r\n Centi follows the most recent security practices and protocols to ensure the safety of your assets. Our security checks and upgrades are regular, ensuring that the platform remains secure in the face of evolving threats.\r\n <br><br>\r\nCenti maintains encrypted copies of wallets, which remain secure even if our database is accessed or stolen. To access these encrypted copies and make payments, user login credentials are required. Our database is maintained by a reputable external service provider who complies with relevant ISO norms and data protection standards.\r\n <br><br>\r\nOne of the risks with cash is potential buyer\u2019s remorse, and you should be aware that we cannot reverse transactions. This also means that unauthorized debits or credits, as with cards, are not possible. \r\n<br><br>\r\nWe encourage our users to ensure they truly want a product or service before making payments with you as merchants. While you as merchants can issue refunds, we are unable to assist with this process like traditional card payment providers.\r\n\r\n\r\n\r\n <\/div>\r\n <\/article>\r\n\r\n \r\n <\/div>\r\n\r\n<\/body>\r\n<\/html>\r\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-656373b e-flex e-con-boxed e-con e-parent\" data-id=\"656373b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-2473575 e-con-full e-flex e-con e-child\" data-id=\"2473575\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7a7e207 elementor-widget elementor-widget-heading\" data-id=\"7a7e207\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Still need help?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-799bb24 elementor-widget elementor-widget-button\" data-id=\"799bb24\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/production-mode.com\/finaldemocentibusiness\/tools\/#contact-info\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Compliance Compliance statement Centi is a financial service provider and is a member in the Financial Services Standards Association (VQF) which is a FINMA supervised Self Regulatory Organisation (SRO). It is evident that electronic-cash, such as Bitcoin\u02e2\u1d5b (BSV) keeps it\u2019s own records preserved much better than e.g. physical cash. This means better records for compliance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-11053","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/production-mode.com\/finaldemocentibusiness\/wp-json\/wp\/v2\/pages\/11053"}],"collection":[{"href":"https:\/\/production-mode.com\/finaldemocentibusiness\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/production-mode.com\/finaldemocentibusiness\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/production-mode.com\/finaldemocentibusiness\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/production-mode.com\/finaldemocentibusiness\/wp-json\/wp\/v2\/comments?post=11053"}],"version-history":[{"count":19,"href":"https:\/\/production-mode.com\/finaldemocentibusiness\/wp-json\/wp\/v2\/pages\/11053\/revisions"}],"predecessor-version":[{"id":12232,"href":"https:\/\/production-mode.com\/finaldemocentibusiness\/wp-json\/wp\/v2\/pages\/11053\/revisions\/12232"}],"wp:attachment":[{"href":"https:\/\/production-mode.com\/finaldemocentibusiness\/wp-json\/wp\/v2\/media?parent=11053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}