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Business verification covers KYB for a business and identity verification (KYC) for its representative. Individual merchants complete KYC with their personal tax details.

Choose an account type

The first step asks whether you are applying as a Business or an Individual. Both account types also provide product and support details. For a Business application, the registered address country is taken from the selected tax residency.
For Hong Kong addresses, the postal code may be left blank. For China, an Individual uses a citizen ID with 17 digits followed by a digit or X. A Business uses an 18-character Unified Social Credit Code.

What you need

Prepare the following information before starting:
  • the registration details for your selected account type;
  • product name, an https:// website or product URL, and customer support email;
  • confirmation that the product is ready, pricing is publicly visible, and the intended use is ethical;
  • identity details, including legal name, date of birth, nationality, phone number, and residential address;
  • first and last name when applying as an Individual; and
  • a clear, non-empty passport image in JPG or PNG format, no larger than 10 MB.
You do not need to enter bank or payout account details to submit business verification.

Application states

Submit or update an application

1

Open Finance

Switch to the Business view and select Finance.
2

Choose Business or Individual

Select the account type that matches the applicant.
3

Complete every section

Enter the registration, product, compliance, identity, and address information.
4

Upload the passport

Use a clear, unedited JPG or PNG image. Make sure the text and photo are readable.
5

Review and submit

Check names, dates, registration numbers, and addresses before submitting.
6

Respond to a request for information

If the status changes to More information required, open the application, correct the requested fields, upload a replacement document if needed, and submit again.

After approval

Continue in Finance to add a payout account and manage payout requests.

Set up payouts

Add a US, UK, Hong Kong, Alipay, or China payout account and learn how payout requests are processed.