> For the complete documentation index, see [llms.txt](https://docs.usdfi.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.usdfi.com/getting-started/buy-crypto/credit-card.md).

# Credit Card

The payment system accepts only credit cards from Europe. Users from the US cannot use the payment service. Further, Mt. Pelerin does not accept payments with cards issued to a company.

#### **What is KYC?**

"Know Your Customer" (KYC) is the identification and verification of new and existing customers on the basis of money laundering requirements.

#### **Why is KYC required?**

KYC serves to prevent money laundering. In order to support these legal requirements, time-based limits are set by Mt. Pelerin.

#### **KYC-free-limits for crypto purchases:**

| **Timeframe** | **KYC account** | **non-KYC account via Mt. Pelerin** |
| ------------- | --------------- | ----------------------------------- |
| 1 day         | Unlimited       | CHF 1,000 (ca. USD 1,050)           |
| 1 month       | Unlimited       | CHF 15,000 (ca. USD 15,750)         |
| 1 year        | Unlimited       | CHF 100,000 (ca. USD 105,000)       |


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