Why is a photo ID required to activate the online payment system?

Created by Thibault Breboin, Modified on Fri, 19 Jul at 11:28 AM by Thibault Breboin

The verification of ID is a necessary step for any Colib user who will receive payments.

It serves to prevent fraud by linking an account to a legitimate person and ID. Additionally, this practice aligns with 'Know Your Customer' guidelines, ensuring the protection of all platform users, including your clients and yourself as a client.

We are committed to providing the safest and fairest experience for all our users, and ID verification is a common practice in payment processing systems. Rest assured, your document will be securely stored and encrypted.

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