Melbet Anti-Fraud Policy
Melbet India is owned by Pelican Entertainment B.V., which is officially registered and licensed by the Government of Curacao under number 8048/JAZ2020-060. This license lets the company operate legally, but it must comply with several legal requirements. One of them is maintaining security on the site and Melbet mobile app, as well as minimizing the risks of fraud, money laundering, and terrorist financing. To this end, the bookmaker has created an appropriate policy, which is based on best international and national practices.
Based on the policy provisions, Melbet is taking the following steps:
- The sportsbook cooperates only with trusted banks and payment systems like PhonePe and UPI to ensure that all monetary transactions are safe and transparent;
- The company stores private data about Indian players in encrypted form and does not transfer it to third parties;
- All transactions in INR are encrypted and also go through several stages of control;
- The bookmaker subjects each new user to a verification procedure;
- All payments are automatically verified;
- When making the first withdrawal, each user is subject to a Know-Your-Customer procedure. This consists of going through the verification of various documents through several stages.
How does it work?
This policy has a well-functioning algorithm that allows Melbet to verify the user’s trustworthiness and give consent to the withdrawal. The bettor is checked under the provisions of the document even at the stage of creating a profile:
- The company checks the database whether there is a user with the same IP address, email, or username. If yes, this means that the player created a second profile with the aim of deceiving the bookmaker;
- Melbet analyzes where the new user came from: through advertising, external links, or Internet searches;
- The bookmaker monitors the number of bets, the movement of funds, and other vital indicators;
- The company will review each transaction for fraud, money laundering, or terrorist financing;
- The sportsbook will check whether the bettor is at risk;
- Melbet India tracks deposit methods used as well as account activity.
If fraudulent activities are suspected, the company has the right to request documents from the user to conduct a full identity check. The company may also contact law enforcement agencies to conduct an investigation.
