At PRNEWS.IO, we constantly do our best to keep our community safe for everyone. Verification or KYC (Know Your Customer) is how we keep your business safe, and comply with the financial regulations in the countries we operate in. We also make sure our publishers meet our Privacy Policy. And we do everything we can to make it a smooth, quick, and entirely online process.

The collection and processing of ID cards and other official documents are required in order to ensure a trustworthy community and marketplace, as well as, enforce our Terms of Service. As a service that moves money from clients and publishers, we need to know who is using our service. It helps us combat money laundering, and keep everyone’s money safe.

Beyond its role in combating money laundering, our KYC process is designed to enhance security by preventing identity theft, providing an extra layer of protection for our valued publishers. Additionally, KYC procedures help safeguard the assets of all users, assuring that their funds remain safe and free from unauthorized access.

As part of the ID verification process, we use a third-party service provider’s identity verification software, through Veriff. The software first validates that your image is from an official government ID and that your selfie is authentic. It then compares the two images you upload to determine whether the uploaded ID and selfie are authentic images that match. This process is required to prove that the document submitted represents you, and isn’t copied from other sources.

Ready to open your account? Read our guide to getting verified.

Learn more about getting verified: https://help.prnews.io/en/articles/8463083