Compliance & Regulatory

Our Commitment to Compliance

BlessPay is committed to operating the highest standards of integrity, transparency, and regulatory compliance. We are dedicated to protecting our users, preventing financial crime, and ensuring that all activities on our platform comply with applicable laws and regulations in Ghana.

We operate under strong governance frameworks designed to protect donors, organizations, and the public.

Regulatory Framework

BlessPay complies with the following laws, regulations, and guidelines:

• Ghana Anti-Money Laundering Act, 2020 (Act 1044)
• Bank of Ghana Payment Systems and Services Act, 2019 (Act 987)
• Financial Action Task Force (FATF) Recommendations
• Financial Intelligence Centre (FIC) Guidelines
• Economic and Organised Crime Office (EOCO) Directives
• Ghana Data Protection Act, 2012 (Act 843)

Licensing & Payment Processing

BlessPay is not a bank or a licensed financial institution. We operate as a technology platform facilitating donations.

All payments are processed by our licensed payment partner:

Paystack – A Bank of Ghana–regulated Payment Service Provider.

BlessPay does not hold, store, pool, or custody customer funds.

Anti-Money Laundering (AML) & Counter-Terrorism Financing (CTF)

BlessPay operates a robust AML/CTF compliance framework, including:

• Risk-based customer due diligence (KYC)
• Tiered verification for organizations
• Transaction monitoring
• Sanctions and PEP screening
• Suspicious Activity Reporting
• Annual compliance reviews

We actively monitor transactions to detect and prevent fraud, misuse, and financial crime.

Data Protection & Privacy

BlessPay is committed to protecting your personal data.

We comply with the:

• Ghana Data Protection Act, 2012 (Act 843)
• Applicable international data protection standards

We use:

• Encryption of data in transit and at rest
• Secure cloud infrastructure
• Role-based access controls
• Regular security audits

Risk Management & Governance

BlessPay maintains strong internal governance through:

• A designated Compliance Officer
• Regular internal risk assessments
• Board-level oversight of compliance activities
• Third-party risk management reviews

Fraud Prevention & Security Controls

We use advanced fraud detection systems, including:

• Real-time transaction monitoring
• Velocity and behavioral analysis
• Device and IP reputation monitoring
• Blacklist and watchlist screening

Suspicious or fraudulent activity may result in account suspension and regulatory reporting.

Reporting Concerns

We encourage the reporting of suspicious activities or compliance concerns.

Compliance Contact:

📧 compliance@blesspay.app

Fraud Reports:

📧 fraud@blesspay.app

General Support:

📧 support@blesspay.app

Transparency to Our Users

BlessPay is committed to transparency. We clearly display:

• All applicable fees before payment
• Verification status of organizations
• Donation confirmations and receipts

Policy Updates

Our compliance framework and policies are reviewed regularly to align with new regulatory requirements and industry best practices.

Last Updated

December 2025