RBI Guidelines Compliance
SWIFTPE follows RBI directions for Section 8 entities managing digital payments and microfinance, including:
- Digital payment security standards
- NEFT/UPI and consumer protection guidelines
- Internal KYC/AML audits All payments go through RBI-authorized banks and payment aggregators.
Payment Aggregator Compliance
Payments are routed through licensed, PCI DSS-certified gateways, ensuring:
- Secure encrypted transactions (SSL 256-bit)
- Two-factor authentication for authorization
- Protection of buyer and artisan interests.
Data Privacy & Security
We ensure full compliance with IT Act, 2000, including
- Encrypted storage of personal and financial information
- Restricted access and regular security audits
- No sharing or selling of user data.
Transparency in Transactions
All microfinance disbursements, donations, and sales are digitally tracked and auditable, with:
- Real-time transaction tracking
- Automated reporting dashboards
- Audit-ready ledgers.
KYC Verification
All beneficiaries, SHGs, and artisans undergo RBI-compliant KYC verification, including:
- Identity and address proof collection (Aadhaar, PAN, Voter ID)
- Secure verification systems.
Digital Receipts & Reporting
Every transaction generates instant digital receipts and ensures:
- Automated confirmation via email/SMS
- Centralized digital ledgers
- Quarterly reconciliation and external audit