Oryx Pay focuses on doing a focused set of regulated activities well, with the record-keeping and reporting controls that applicable law requires.
Exchanging one currency for another for businesses managing cross-border needs, with clear pricing and proper record-keeping.
Exchange and transfer of virtual currency, conducted under the applicable rules, including the record-keeping and Travel Rule obligations that apply to crypto transactions.
Moving and processing electronic funds for individuals and businesses — helping clients send, receive and settle payments simply and securely.
Oryx Pay is building its money services business around the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), the regulations administered by FINTRAC, and the Retail Payment Activities Act (RPAA). We treat these obligations as the foundation of every service we offer.
Client identity verification and ongoing monitoring before and during the business relationship.
Transaction and identification records retained in accordance with FINTRAC requirements.
STR, LCTR, LVCTR, EFTR and other prescribed reports, as applicable, where thresholds and indicators are met.
Originator and beneficiary information captured for qualifying virtual currency transfers.
Clients and counterparties screened against applicable sanctions lists.
Oryx Pay has submitted its application to register as a money services business (MSB) and its application under the Retail Payment Activities Act (RPAA) is in process. Regulated services will not be offered until registration is finalised. We will publish our MSB registration number here once it has been issued.
Oryx Pay was founded to offer a straightforward way to access foreign exchange, virtual currency and payment services. We believe the foundation of any money services business is trust — and trust is earned through transparency, strong controls, and treating compliance as a core part of the service rather than an afterthought.
Our team combines payments, foreign exchange and regulatory experience to deliver a service that is clear on pricing, careful with client funds and records, and aligned to applicable law at every step.
Have a question about our services or compliance? Send us a note and a member of our team will respond. Please do not include sensitive identification documents in this form.