1. Non-Custodial Infrastructure Scope & Gateway Definition
PayCow Distributed Ledger Technologies operates strictly as a technical software gateway and decentralized transaction monitoring infrastructure. PayCow does not function as a financial institution, bank, virtual asset custodian, money transmitter, or currency exchange. PayCow does not hold merchant private keys, maintain pooled asset reserves, execute token custody, or manage internal customer balances.
2. Zero-KYC Frictionless Onboarding Framework
Because PayCow does not handle fiat-to-crypto conversions, take custody of digital assets, or execute settlement payouts on behalf of users, merchant operators are not subjected to invasive identity verification (KYC), corporate registry disclosures, or physical document collection during onboarding. Registration provides instant, automated access to developer API keys and wallet routing tools.
3. Merchant Jurisdictional Compliance Responsibility
Merchants utilizing PayCow to process cryptocurrency payments are independently responsible for understanding and adhering to all Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), consumer protection, and tax reporting laws within their operating countries. Merchants must implement appropriate compliance frameworks suited to their specific business vertical and customer base.
4. Public Blockchain Telemetry & Technical Verification
PayCow monitors public TRON and Ethereum transaction logs strictly to verify smart contract events (TRC-20 and ERC-20 USDT transfers), calculate on-chain block confirmation depth, and verify payment states. Telemetry collected is limited to public transaction hashes, timestamps, token contract addresses, and destination wallet serial identifiers.
5. Direct-to-Wallet On-Chain Settlement Mechanics
Customer payments do not pass through PayCow intermediary accounts. The payer initiates a direct on-chain transfer that routes immediately to the merchant's configured external destination wallet address. This direct-settlement architecture eliminates counterparty default risk, financial intermediary insolvency, and custodial hold periods.
6. Abuse Prevention & Sanctioned Network Filtering
While PayCow does not custody funds, we maintain zero tolerance for platform misuse. PayCow reserves the right to disable API credentials and terminate portal access for operators engaged in terrorism financing, ransomware extortion, darknet marketplaces, or sanctioned entity networks.
7. Law Enforcement Cooperation & Transparency
PayCow complies with valid, legally binding court orders and legal subpoenas issued by competent jurisdictions. Because blockchain transactions are publicly observable immutable records, PayCow assists in clarifying public on-chain transaction metadata without compromising merchant non-custodial sovereignty.
8. Policy Amendments & Ongoing Governance
This Compliance Policy is reviewed regularly to reflect advancements in blockchain protocols and international regulatory guidance. Continued utilization of PayCow API endpoints constitutes explicit acknowledgment and agreement to these terms.