Background on Redeeem

Redeeem was established in 2018, by two founders who have a passion for building technology to improving people's lives.

Redeeem’s mission is to build the safest, most secure way to exchange gift cards online. Redeeem relieves the Buyer of the risk of paying for an item or service that the Buyer does not receive and relieves the Seller of the risk of providing an item or service and not receiving valid payment for it. 

Legal Review

Redeeem is an Internet-based service providing secure transaction management between buyers and sellers for gift cards. Redeeem does not provide financial services meeting the definitions requiring Money Services Business registration with FinCEN. Redeeem is not an exchanger of virtual currency nor is required to register under the Prepaid Access Final Rule. Redeeem has engaged a Top Tier Fintech law firm, specializing in AML/KYC BSA laws to review and verify our positioning.

Anti-Money Laundering (AML) and Know-Your-Customer (KYC) 

At Redeeem we recognize the important of going above and beyond what is required by law. As such, we've hired a top tier compliance firm to help us design and implement a voluntary AML program. With these policies in place we seek to do take a proactive effort to guard against the use of Redeeem's services for money laundering, terrorist financing, financial crime, or other illegal activity, to the fullest extent.  

If you have any questions about anything mentioned here, please reach out to us

What's next?

KYC Process Page
About Redeeem

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