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 Underwriting1
Vetting process is initiated when you sign up.
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We’ll review your documentation.
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We’ll contact you upon approval.
Vetting process
Vetting and approval is required prior to using products such as Hosted Sole Solutions, Virtual Terminal, PayPal Here, Adaptive Payment, Payment Pro and Point of Sale. However, merchants who are underwritten will not be required to go through vetting process.
| 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. |