Complete the KYC procedure to start receiving payments in India
The KYC (Know Your Customer) Procedure is a standard process to verify your identity and that of your business. This is to help protect your business from risks such as identity theft, money laundering and financial fraud.
After signing up for your PayPal Business Account, you’re invited to complete a KYC Procedure as 1 of the 4 steps to activate your account. Once that’s done, you can start receiving payments locally and internationally.
Here’s a complete breakdown on the details of the KYC Procedure for every type of business selling either domestically only or both internationally and domestically, or internationally only. If you have all your required documents on hand, it should take no more than 15 minutes to complete. If you have any more clarifications/queries , contact us.
For any queries, please contact us.
Here’s a quick breakdown on the steps to set up PayPal for your business.