WHITE PAPER
How about (finally) digitising your marketplace KYC?
€1,600. That’s the average cost of onboarding just one seller onto a marketplace. A large part of that cost (about 50%) relates to the collection and processing of the documents required to conduct KYC checks. This process is a regulatory requirement and ensures that the identity and integrity of vendors on the marketplace is verified, but it is often very time-consuming.
Streamlining KYC document collection, a crucial challenge for marketplaces.
How to successfully onboard marketplace sellers in 5 steps
What are KYC and KYB?
Article by our partner Lemonway