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TravelPay Crypto

TravelPay Crypto · Merchant or payment processor · travelpay · synthetic attribution

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6.1 of 10 HIGH
High counterparty Onboard only with senior compliance approval and limits.

TravelPay Crypto scores 6.1 of 10 (high risk) as a counterparty, driven mainly by kyc and aml rigour (36.9% of the score). It is registered in Malta, authorised by Malta payments registry, and applies standard identity checks. Operational footprint covers Belarus, Malta, Syria.

Due-diligence pillars

Four pillars are scored 0-10 and combined with fixed weights (licensing 35%, jurisdiction 25%, kyc_aml 30%, operational 10%). The result is on the same 0-10 scale as a wallet score so the two can be compared, but it measures the counterparty's controls, not its transaction history.

Registration and licensing weight 35% 6.0 of 10 · 34.4% of score
  • Registered with Malta payments registry but not licensed, so supervision is limited to a register entry. (+4.0)
  • The authorisation is claimed but not verifiable against a strong supervisor's register, so it is not yet evidence of a control. (+2.0)
Jurisdictional risk weight 25% 5.8 of 10 · 23.8% of score
  • Incorporated in Malta, which carries a jurisdiction risk of 3 of 10 in this model. (+3.0)
  • Operates from Syria, a higher-risk jurisdiction than the one it is incorporated in. Where a service actually operates matters as much as where it is registered. (+2.8)
KYC and AML rigour weight 30% 7.5 of 10 · 36.9% of score
  • Identity is verified, but only above a withdrawal threshold and without enhanced due diligence. The verification threshold is $1,000. (+3.5)
  • Transaction monitoring exists but is rule-based and incomplete. (+2.5)
  • Travel Rule information is transmitted for some corridors only. (+1.5)
Operational integrity weight 10% 3.0 of 10 · 4.9% of score
  • Holds customer funds, so it is the party a Travel Rule request or a freeze order is served on. (0.0)
  • Only 1 address(es) are attributed to this entity, so its on-chain behaviour is barely observable and exposure to it may be under-counted. (+1.0)

Registration

Statusregistered
RegulatorMalta payments registry
Evidenceclaimed
ReferenceMT-1AFE44D8
MiCAtransitional

Jurisdiction

Incorporated in Malta (MT)
Operational hubs BY, MT, SY
FATF grey list no
Offshore secrecy no

KYC and AML

KYC rigourstandard
Withdrawal KYC threshold $1,000
Transaction monitoringdeveloping
Travel Rulepartial
Sanctions screening yes
Source-of-funds checks yes

Operational integrity

Custody modelcustodial
Founded2018
ChainsETH
Clustered addresses1

The regulatory file is seeded, not sourced from a register. Licence references and dates are fabricated for demonstration and must never be relied on for a real onboarding decision.