How Businesses Use DogPay for AML Compliance in Card Setup
Anti-Money Laundering (AML) compliance is a critical requirement for businesses using virtual cards and digital payment platforms. DogPay helps companies meet these obligations during card setup by integrating Know Your Business (KYB) verification and transaction monitoring into its workflow. During the onboarding process, DogPay requires businesses to submit corporate documents such as registration certificates, proof of address, and beneficial owner identification. This KYB process screens for sanctions, adverse media, and politically exposed persons (PEPs). Once verified, businesses can issue dedicated virtual cards linked to global accounts for stablecoin settlement. DogPay's wallet and payment infrastructure supports ongoing AML compliance by recording transaction details and providing spend visibility. However, DogPay does not replace a business's internal compliance program. Each business remains responsible for its own AML policies and reporting obligations. By using DogPay, businesses can streamline card setup while maintaining compliance standards. The platform's design supports payment operations that align with regulatory expectations, helping companies manage risk in cross-border and Web3 payments.