Why KYC Is Required

The KYC process helps PhaPay verify the identity and legitimacy of the platform owner, ensuring secure and compliant financial operations.

📝 KYC Procedure

To complete the KYC process, follow the steps below:

1. Prepare Required Information

   • Business name and registration details
   • Description of your platform and its services
   • Ownership or representative details
   • Bank account information for settlement
   • Valid business documents (e.g., license, ID, etc.)

2. Submit the Information
   Send the above information via the PhaPay Portal.

3. Verification Process
   PhaPay will review and verify the submitted documents and may contact you for clarification if needed.

4. Approval Notification
   Once approved, you will be granted access to the Production environment.

✅ After KYC approval, you can begin accepting real payments through PhaPay.