The UIGEA, a stringent gatekeeper of American borders in the realm of online gambling, was enacted in 2006 to put the brakes on the free flow of funds to offshore gambling sites. It’s the law that says, “Not on our watch,” making it a formidable force for any operator venturing near U.S. shores.
VeliTech rises to the challenge with a suite of secure payment processing capabilities, anti-fraud measures, and KYC compliance tools. By leveraging our platform, operators can navigate the treacherous waters of legal compliance with confidence, ensuring their payment systems are not just efficient, but fully compliant with regulations like UIGEA. This minimises risks and fortifies the integrity of online payment environments, keeping operators on the right side of the law.