1. Security and Fraud Prevention
Verification helps protect your account by confirming your identity and preventing unauthorized access. It ensures that only you can use your Moreta account and manage your funds.
2. Regulatory Compliance
As part of our commitment to maintaining a secure platform, Moreta follows legal requirements, including anti-money laundering (AML) and know-your-customer (KYC) regulations. Verifying your identity helps us comply with these laws and ensures a safe environment for all users.
3. Access to Full Features
To use key features like adding funds to your account, making payments, or accessing higher transaction limits, you must be verified. Without completing verification, services will be restricted.
4. How We Verify You
At Moreta, we use Plaid to verify your account details. This process is secure and seamless, ensuring your personal information is kept safe. Here’s how it works:
Link Your Bank Account: During the verification process, you’ll be asked to connect your U.S. bank account through Plaid.
Instant Verification: Plaid will securely verify your bank account information, confirming your identity and helping us ensure that your account is legitimate.
Simple and Secure: The process is quick, and your personal data is encrypted to ensure privacy and security.