AstroPay is regulated by the Isle of Man Financial Services Authority and must follow strict rules to protect your funds.
How your money is safeguarded
All customer funds are held in segregated accounts, separate from AstroPay's own funds. This means your money is protected even if AstroPay faces financial difficulties.
ℹ️ AstroPay is an e-money institution, not a bank. Your funds are not covered by traditional deposit compensation schemes, but the safeguarding mechanism provides equivalent protection.
Security features
Identity verification (KYC): Prevents unauthorized account creation.
Biometric login: Adds an extra layer of protection to your account.
Fraud monitoring: Suspicious activity is detected and flagged in real time.
Encryption: All personal and financial data is encrypted to prevent unauthorized access.
These measures work together to keep your account and funds secure at all times.