Why is it important to complete my KYC/KYB process?

Tazapay is working to build a safe payments ecosystem and meet AML regulatory standards. We seek your cooperation in completing the KYC/KYB process in order to verify the parties involved in all transactions.

As a financial services provider, we strive to protect both buyers and sellers. In order to ensure we are building a safe ecosystem and meet regulatory standards, we need to conduct know your customer (KYC) or know your business (KYB) check on the seller.

Tazapay runs KYB processes in accordance with the global Anti Money Laundering (AML) and Combating the Financing of Terrorism (CFT) efforts. It has, thus, become Tazapay’s responsibility to fully understand the Ultimate Beneficial Ownership (UBO) of the companies that utilize our services.

Please note that successful completion of KYB is a requirement before you can use our API products and for funds to be released.

More information on KYB/KYC