What does Tazapay's KYB statuses mean?

Tazapay's KYB statuses come in the following: Not started, KYB initiated, KYB pending, KYB approved, and KYB rejected

  1. Not started: The KYB submission is saved as a draft. The user can still edit and upload relevant documents. 
  2. KYB Initiated: When user has submitted their KYB and Tazapay is reviewing the application
  3. KYB Pending: When Tazapay marks the KYB as Pending due to insufficient documents or other pending requirements
  4. KYB Approved: When Tazapay approves a KYB application that fulfils all the pre-requisite document requirements
  5. KYB Rejected: When Tazapay marks the KYB as Rejected, due to non-fulfilment of the pre-requisite document requirements

For a flow chart visualisation, you may refer to our API documentation on KYB states.