KYC (Know Your Customer) is a mandatory identity verification process required by financial regulations to prevent fraud, money laundering, and financial crimes. It helps ensure that individuals engaging with the platform are not involved in illicit activities. Completing KYC allows you to securely use the platform for payments. This is not related to the Australian Taxation Office (ATO) or tax obligations.
Articles in this section
- What is KYC, and why do I need to complete it?
- What is BronID?
- How do I complete my KYC verification?
- Why am I seeing a pop-up message asking me to verify my account?
- What happens if I don’t complete KYC?
- I’ve already been using the platform. Do I still need to complete KYC?
- How long does the verification process take?
- What happens if my KYC verification fails?
- Will I need to redo my KYC verification in the future?
- How will I know if my KYC is approved?