Browpay KYC (Know Your Customer) process is a system driven approach that we employ just like any other standard company to carry out identity checks and address verification of businesses that sign up with us.
During the process; Businesses are required to provide us with valid and legal information and documentations before the can be upgraded as an activated business and enjoy increased transaction limits; without KYC an unregistered business is restricted to assigned transaction limits as assigned to our starter plan.
Our KYC Process is in are in Four (4) stages:
1. Business Information (Registration and Contact Details)
2. Account Number verification.
3. Business Identification and Registration Documents (including tax and licenses certificates where required).
4. Stakeholders’ information Including Identity Documents (we accept NIN, Voters’ Card and International Passport Data Page).
Ensure your records match as validity of your data is important to enable smooth verification.
In addition, we will also be sharing a customer compliance form and merchant agreement via email to communicate our AML (Anti Money Laundering) policies.
Compliance issues or inquiries can be escalated to support@browpay.com, adekola.a@browpay.com or @rachael.o@browpay.com
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