Compliance & Regulatory Framework
SahilPay imposes rigorous compliance standards to guarantee the sustainability and security of the financial ecosystem in Mali and the WAEMU (UEMOA). Our platform operates under the strict supervision of monetary authorities.
A Top-Tier Regulatory Framework
In accordance with Regulation N°05/2015/CM/UEMOA, SAHILPAY SA carries out its electronic money issuance and distribution activities in partnership with financial institutions authorized by the Central Bank of West African States (BCEAO).
Identification (KYC)
We apply a strict customer knowledge policy. Each user is identified according to three tiers (KYC 1, 2, 3) defining balance and transaction limits compliant with Central Bank instructions.
Anti-Money Laundering (AML/CFT)
Our systems integrate cutting-edge algorithms to detect atypical transaction patterns. We collaborate closely with the CENTIF (National Financial Information Processing Unit) to prevent any illicit use of the network.
Fund Segregation
The totality of the electronic money issued is guaranteed by an equivalent deposit on segregation accounts opened with partner banks, thus ensuring immediate liquidity for our users.
Data Protection
In compliance with Law N° 2013-015 of Mali, SahilPay guarantees the absolute confidentiality of its customers' data. Your information is never shared without an explicit legal or regulatory basis.
Continuous Monitoring
A dedicated team analyzes financial flows in real-time to identify operational risks and guarantee the integrity of every transfer made on the platform.
Audits & Transparency
SahilPay is subject to regular internal and external audits. We produce periodic reports to regulatory authorities to attest to the robustness of our processes.
Ethical Commitment
Beyond regulation, SahilPay is committed to responsible financial inclusion. We fight against over-indebtedness and promote financial education among our users.