Betika KYC & AML Policy

Betika applies Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to verify the identity of every account holder, prevent fraudulent activity, and combat financial crime on the platform. These measures form the foundation of a transparent, secure, and legally compliant betting environment.

This framework guarantees the following:

• Fair play for all registered users on the platform
• Protection of personal data and account security
• Full transparency in how accounts and transactions are reviewed
• Compliance with all applicable regulatory requirements under Kenyan law
• A secure environment that upholds the trust of every user

Every new user registering on Betika is required to complete ID verification before certain account features, withdrawals, or limits become fully accessible. The document submission process may involve one or more of the following categories:

• Government-issued photo identification: A valid national identity card, passport, or other officially recognised document confirming the user’s full name and date of birth
• Proof of address: A recent utility bill, bank statement, or official correspondence confirming the user’s current residential address
• Payment method ownership confirmation: Documentation or evidence confirming that the payment instrument in use belongs to the registered account holder
• Additional supporting documents: Betika reserves the right to request further documentation when enhanced due diligence is required or when the information provided is insufficient for verification purposes

Betika applies a structured set of controls to prevent money laundering, terrorism financing, and other forms of illegal financial activity on the platform. These security measures are continuously reviewed and updated in line with evolving regulatory standards and risk environments.

Active AML controls include:

• Transaction monitoring: All deposits, withdrawals, and account activity are subject to ongoing review to detect irregular or suspicious patterns
• Automated detection rules: System-level triggers flag transactions or behaviours that fall outside expected parameters for the applicable user risk profile
• Enhanced due diligence: Additional scrutiny is applied in high-risk scenarios, including large account activities, high-frequency transactions, or unusual account behaviour
• Review of large and unusual transfers: Transactions that exceed defined thresholds or deviate from established user patterns are escalated for manual review
• Risk scoring: Each account is assigned a risk classification based on user profile, transaction history, and behavioural data to prioritise compliance resources accordingly
• Sanctions and PEP screening: All users are screened against applicable sanctions lists and politically exposed persons (PEP) databases, in line with Kenyan and international regulatory requirements
• Reporting obligations: Suspicious activity is reported to the relevant competent authorities, including the Financial Reporting Centre (FRC) of Kenya, as required by law

Betika enforces a set of platform restrictions that directly support the integrity of its KYC and AML framework. Any action that undermines identity verification, financial controls, or account security is strictly prohibited.

The following activities are not permitted:

• Multi-account registration: Creating or operating more than one account on the platform, whether under the same or a different identity
• Submission of forged or stolen documents: Providing fraudulent, altered, or third-party identification or address documents during the verification process
• Money laundering attempts: Using the platform to process, conceal, or legitimise funds derived from unlawful activity
• Platform or system manipulation: Exploiting technical vulnerabilities, engaging in collusion, or attempting to circumvent the platform’s security measures
• Sharing or selling account access: Transferring, lending, or selling account credentials or access rights to any third party
• Use of third-party payment instruments: Funding an account or processing withdrawals using payment methods that are not registered in the account holder’s own name
• Identity misrepresentation: Providing false, incomplete, or misleading personal information during registration, verification, or any subsequent compliance review

Any breach of Betika’s KYC or AML obligations constitutes a serious violation that triggers immediate enforcement action. Depending on the nature and severity of the infringement, Betika may impose one or more of the following measures: temporary or permanent account suspension, freezing or confiscation of funds linked to suspicious activity, cancellation of pending or settled bets and associated winnings, and reporting of the account and relevant information to competent authorities, including law enforcement and the Financial Reporting Centre of Kenya, where applicable.

All users registered on the Betika platform are required to provide accurate, complete, and current personal information at all times, including during registration and any subsequent verification stages. Account holders must complete the identity check process promptly upon request and submit all required documentation within the specified timeframe. Users are also responsible for responding to any additional requests for supporting documents or clarifications issued by the compliance team. Only payment methods registered in the account holder’s own name may be used for deposits and withdrawals on the platform. Any suspicious activity observed by a user, including unauthorised access to their account or unexpected transactions, should be reported to Betika’s support team without delay.

Betika maintains a commitment to fair play and transparency as core principles of its operational and compliance framework, ensuring that all users engage on equal and protected terms. These principles extend across all aspects of account management, transaction oversight, and user conduct.

Key principles upheld by the platform:

• Adherence to KYC and AML standards: All compliance procedures are conducted in accordance with applicable Kenyan regulatory requirements and international best practices
• Confidentiality and protection of personal data: User information collected during the verification process is handled in accordance with Kenya’s data protection legislation and is not disclosed to unauthorised third parties
• Continuous monitoring for suspicious activity: Transaction monitoring and behavioural analysis are conducted on an ongoing basis to detect and address risk before it escalates
• Prevention of manipulation and unfair conduct: Controls are in place to identify and act against collusion, exploitation, and any behaviour that undermines the integrity of the platform
• User support on compliance and safety matters: Account holders may contact Betika’s support team for guidance on verification procedures, document submission, or account security concerns
• Shared responsibility: Maintaining a safe and compliant platform is a responsibility shared between Betika and its users, requiring cooperation and honest engagement from both sides
• Equal conditions for all users: Every registered account holder is subject to the same compliance standards, verification requirements, and account protection measures, without exception