what stands between your balance and everyone else your account
Your account is protected by several layers. You can sign in with a passkey on your phone, and if you set a password it requires a second factor [5]. The app works on one phone at a time, and moving to a new phone requires a video selfie check [7]. A newly added withdrawal address can receive funds only after 24 hours, and you are notified by email and push when one is added [8]. You can optionally decline in-person payments when your phone is in a different country from the terminal [4], and online payments can require approval in the app within five minutes [6].
Sources
- [5][7][8][4][6] What stands between your balance and everyone else.
Answered from the Velorin Pay knowledge base.
Follow-up questions
- What stands between your balance and everyone else. — Reporting a vulnerability
- What stands between your balance and everyone else. — Custody
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