Knowledge Base

Glossary.

Plain-English definitions of every term you'll encounter on paype.cc. No banker jargon.

The US electronic bank-to-bank payment network. Not offered by paype — paype uses SWIFT and SEPA.

Anti-Money Laundering — laws preventing dirty money from entering the financial system.

paype's mid-volume tier — 25% off all fees when you hit $500 in monthly fees. Resets monthly.

The primary US anti-money laundering law governing financial institutions.

Every move is recorded and provable — for you and your accountant.

The US Treasury bureau that regulates Money Services Businesses.

Know Your Customer / Know Your Business — identity verification required at account opening. Photo ID + selfie, automated in-app.

paype's default tier — standard rates, no qualifier. Everyone starts here.

The open-source financial infrastructure powering paype.cc — multi-party custody, cryptographic signing, and compliance engine.

Money Services Business — a FinCEN-regulated financial service provider. paype.cc is an MSB, not a bank.

Office of Foreign Assets Control — the US Treasury agency administering sanctions. paype screens all transactions in real time.

paype's highest volume tier — 40% off all fees after $1,000 in yearly fees. Triggers automatically.

The networks that move money: SWIFT, SEPA, card networks, blockchain. paype connects the major international rails.

A hosted payment link you share — the recipient pays by card, bank, or crypto without a paype account.

Your funds held separate from paype's operating money. paype's business finances cannot touch your balance.

Single Euro Payments Area — the EU-wide euro payment network. On paype: from $3 + 0.21% on Orchestra.

Separate wallets inside your paype account — each with its own balance, card, and spending limits. Unlimited.

Global bank messaging network for international transfers. On paype: from $15 + 0.45% on Orchestra, to 170+ countries.

Replacing your real card number with device-specific tokens for Apple Pay and Google Pay. Merchants never see your actual card number.

Ultimate Beneficial Owner — each person holding 25%+ of a business. Must be verified with photo ID at account opening.