AML & KYC Policy

SHOPPING VERSE TECHNOLOGIES, with its registered office at 21 Bailey Street, Shomolu, Lagos, Nigeria takes a risk-based approach to preventing money laundering, terrorist financing and fraud, in line with the Nigerian anti-money-laundering and sanctions framework, including the Money Laundering (Prevention and Prohibition) Act 2022. This policy describes the controls that apply to every account.

Controls built into the service

• Items are delivered only to the Steam trade URL saved on the buyer's own account. We do not buy items back, and neither items nor balance can be exchanged for cash.
• Refunds go only to the original payment method, never to a different card, account or person.
• Account balances cannot be transferred between users.
• Card payments go through our payment provider's fraud controls, including 3-D Secure when the card issuer requires it.

Customer due diligence

We may ask you to verify your identity before or after an order — for example for high-value orders, unusual activity, several payment cards on one account, or a mismatch between card and account details. We may request a government-issued photo ID, proof of address dated within the last 3 months, and, where needed, information about the source of funds. We may suspend an account, which stops all purchases, until checks are complete.

Sanctions and restricted users

We do not accept customers who are on a sanctions list (such as the OFAC Specially Designated Nationals list) or who are located in or resident in a country or region under US (OFAC), UK, EU or UN country sanctions — currently Afghanistan, Belarus, the Central African Republic, Cuba, the Democratic Republic of the Congo, Ethiopia, Iran, Iraq, Lebanon, Libya, Mali, Myanmar (Burma), Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela and Yemen, and the Crimea, Donetsk, Luhansk, Kherson and Zaporizhzhia regions of Ukraine. Sign-up and checkout are blocked for IP addresses located in those countries, buyers confirm at checkout that they are not located there, and we refuse or reverse orders where we find a sanctions link. Every buyer also confirms they are 18 or older; we close accounts we find belong to someone under 18.

Monitoring and reporting

We review transactions for patterns associated with fraud or money laundering. We may refuse or reverse orders, suspend or close accounts, and report suspicious activity to the Nigerian Financial Intelligence Unit (NFIU) without notifying the customer, where the law requires it.

Record keeping

Verification documents and transaction records are kept securely for 6 years after the end of the business relationship.

Contact

Questions about this policy or a verification request: support@skinsdrop.store.