Identity Verification
·Learn about identity verification requirements for compliance and security.
How It Works
When you add a receiver to your account, they will automatically receive a verification request via email or SMS (where applicable). The receiver must complete identity verification before they can receive payouts, but receiver accounts can still be added and managed while verification is pending.
Note: Receivers cannot receive payouts until they complete the identity verification process. This ensures compliance with regulatory requirements and protects all parties involved.
Why Identity Verification Matters
Comply with Regulations
Meet KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements
Prevent Fraud
Protect your business and customers from fraudulent activities
Build Trust
Create a secure environment for all parties involved in transactions
Reduce Risk
Minimize exposure to financial crimes and regulatory penalties
How Our Verification Process Works
Ipay Technologies Pty Ltd uses Sumsub, a leading identity verification provider, to ensure a secure and compliant onboarding experience. The process is fast, user-friendly, and meets global regulatory standards.
Submit Documents
Upload your verification documents through our Sumsub-powered interface. The system guides you through each step.
Automated Verification
Advanced AI and machine learning algorithms verify your documents instantly. Most verifications are completed in minutes.
Manual Review (If Needed)
If automated verification requires additional review, our 24/7 live support team will manually check your documents within minutes to hours.
Approval & Access
Once approved, you'll receive confirmation and full access to the platform features. You can start processing payments immediately.