I am a seller setting up payments using Bank Details, why do I have to share my personal details?

Modified on Mon, 16 Dec at 11:02 PM

If you are setting up payments using bank details, we use a secure platform that is integrated on the Kifaayat website. The name of the platform is Stripe and is a well-known company used for most large e-commerce websites. You can read more about Stripe here: https://stripe.com/en-au  . 

In order to comply with KYC (Know Your Customer) regulations, our payment provider, Stripe, routinely flags user accounts as requiring additional verification. You can learn more about Stripe’s KYC process here.


When you set up your bank details, it asks for your personal details (and may also ask ID verification) to verify your details to avoid any fraudulent activity. 


If Stripe ask you for a website URL during verification, you can include www.kifaayat.shop 




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