This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and sets out the steps taken by Paayed Ltd, trading as Paayed, to prevent modern slavery in our business and supply chains.
1. Our business
Company name: Paayed Ltd (trading as Paayed)
Company number: 16202751
Registered address: One Canada Square, Canary Wharf London, E14 5AA United Kingdom
Paayed Ltd operates in the financial technology software sector. We are committed to conducting our business responsibly, ethically, and with respect for human rights.
2. Our commitment
We have a zero-tolerance approach to modern slavery, including forced labour and child labour. We are committed to acting ethically and with integrity in all our business relationships and to implementing effective systems and controls to safeguard against modern slavery.
3. Policies and governance
To support our commitment, we maintain appropriate policies and procedures, including:
These policies are reviewed periodically to ensure they remain effective.
4. Risk assessment and due diligence
We recognise that the risk of modern slavery varies by sector and geography. To identify and mitigate risks, we:
At present, we consider the risk of modern slavery within our direct operations to be low, but we remain vigilant and continue to monitor potential risks.
5. Supply chains
Our supply chains primarily include providers of:
We expect all suppliers and partners to comply with applicable employment, health and safety, and human rights laws.
6. Training and awareness
We promote awareness of modern slavery risks by:
7. Effectiveness and future steps
We are committed to continuous improvement. Over the coming year, we aim to:
