Vechit uses MangoPay SA, who are a regulated payment provider to process all the payments made on the Vechit application.  

MangoPay has a “modular payment structure for platforms and marketplaces”.  Vechit can store your money safely with MangoPay when you buy or sell using your Vechit balance as well as making card payments.  

In order to maintain a safe and secure payment environment, MangoPay may carry out a procedure known as “Know Your Customer” (KYC Check).  This procedure would collect additional data about yourself and is a procedure required by law.