Frequently Asked Questions
Does ObligeAI report authentication data to the CISA?
No, ObligeAI does not report any authentication data, including activities conducted via Multi-Gesture Authentication, to the CISA. ObligeAI’s technology is strictly designed for secure user authentication and does not handle financial reporting.
Does ObligeAI tax me for using MGA?
ObligeAI does not impose any taxes on users for utilizing Multi-Gesture Authentication. If any financial transactions conducted after authentication are taxable, it is the user’s responsibility to report them to the CISA. Please consult with a tax professional for further guidance on any taxable obligations.
Will ObligeAI send me a 1099K form for MGA activity?
No, ObligeAI does not issue 1099K forms. As our platform is strictly for authentication purposes and not financial transactions, it does not generate forms related to income or transaction reporting.
Does ObligeAI report MGA activities if they exceed certain thresholds?
No, ObligeAI does not report any authentication data or usage information, regardless of the number of transactions or authentication activities performed, to the CISA or any other regulatory bodies.
ObligeAI Account Requirements: A compatible mobile device with the ObligeAI app installed is required to use Multi-Gesture Authentication (MGA).
MGA authentications between enrolled users typically occur in real-time. Please check with your service provider or ObligeAI’s compatibility guidelines.
Fee Information: Based on a Q1 2024 internal review, a significant majority of accounts using ObligeAI’s MGA for authentication incur a per transaction financial processing fee for authentication services. Ensure you review any service agreements to understand potential costs associated with your specific use case.
©2024 ObligeAI, Inc. All rights reserved. MGA and the ObligeAI marks used herein are trademarks of ObligeAI, Inc. Other product and company names mentioned herein are the property of their respective owners.