Adding your ID and undergoing facial recognition is a crucial step in the Extraordinary onboarding process. Here's why:
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Compliance Requirements: Extraordinary operates within regulatory frameworks similar to banks, known as Anti-Money Laundering (AML) and Know Your Customer (KYC) processes. These regulations are in place to prevent fraud, money laundering, and ensure the security of financial transactions.
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Issuance of Extraordinary Mastercard: By providing your ID and undergoing facial recognition, we can verify your identity securely. This verification is necessary for issuing the Extraordinary Mastercard, which allows you to access and utilize your Extraordinary funds conveniently.
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Secure Onboarding Process: Your ID and facial recognition data are collected and processed solely for the purpose of onboarding and ordering your Extraordinary Card from the NZ Card Bureau. Rest assured that this information is handled with the utmost confidentiality and used strictly for verification purposes.
In summary, adding your ID and undergoing facial recognition ensures compliance with regulatory requirements and enables us to issue your Extraordinary Mastercard securely.
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