Risk vetting and approval.
Businesses applying for certain PayPal products may be taken through our risk vetting process. It’s a simple procedure where we verify your personal and business documentation to ensure the legitimacy of your business. The company financials may also be reviewed if it’s available. Those with a good transactional performance history are able to skip this and adopt the products more quickly.Learn more about Underwriting
Vetting process is initiated when you sign up.
We’ll review your documentation.
We’ll contact you upon approval.
|What we do||Purpose|
|Business licence or registration, tax ID, rental agreements or bills that indicate your business address||To verify your business identity, address as well as nature of business, including goods and/or services sold to ensure that it’s legitimate and genuine.|
|Phone interviews||To validate information with merchants and/or their suppliers.|
|Financials such as bank statements or audited financials (optional)||To evaluate your business credibility and stability.|