What is Know Your Customer (KYC)?

What is Know Your Customer (KYC)?

Know Your Customer (KYC) is the process used by KADÚ to verify the identity of the payer customers in order to mitigate risks of fraud, money laundering and terrorist financing.

This process is an additional service offered by KADÚ to their merchants in order to create a community of reliable electronic customers.

If a customer pays and has been verified on the merchant A, is automatically verified for all merchants that accept KADÚ, expedite and facilitate future purchases of the same client.