NextPay is a licensed payment operator with Bangko Sentral ng Pilipinas (BSP). Our banking services are powered by Unionbank of the Philippines.
To ensure that every user's finances are secure, we take the following measures:
Know Your Customer (KYC) Verification: We require user and company verification and acknowledgment of the Platform Use Agreement, Terms of Use, and Privacy Policy.
User permissions: Only company-recognized and verified users are given specific access to the company's NextPay account. This can be managed by the owners and teams using it.
Maker-checker process: Payouts can only go through when authorizer/s have unanimously authorized the payout via a private secure link.
Secure site: NextPay also enforces HSTS which is a web security protocol mechanism that enforces browsers to interact with NextPay strictly through HTTPS. This ensures encryption of your data, which protects you from malicious attacks.