Know Your Customer (KYC)

Know Your Customer (KYC) is the process of identifying and verifying the identity of your customers. This is required by the payment industry regulations as a prerequisite to allow individuals or business entities being paid out.

With Adyen's solution for marketplacesMarketPay – you don't need to manually perform KYC checks for your customers. Instead, you send the collected KYC data to Adyen, and we automatically conduct required verification.