As safe as paying a friend directly
Kin asks that you make payments directly from your bank account to the Kin Cooperative bank account. This means that we NEVER need to store your card details and we will never ask for them.
When you request money, Kin makes the payment directly from the Kin Cooperative account to yours. There are no third party payment processors like Stripe or SagePay that take a fee and can delay refunds if any issues happen.
Kin will ask you for your Account Name, six-digit Sort Code and eight-digit Account Number. These numbers can ONLY be used to pay you.
Technically, your account number and sort code could be used to request a direct debit from your bank but we will never do this and you would be covered by the Direct Debit Guarantee, which would allow you to cancel any transaction and redeem any funds. If you every see any suspicious direct debits, you should always contact your bank immediately.