1. ISX Help Center
  2. Know Your Customer (KYC) Feature

Why do I need to verify my identity?

Identity verification is required to prevent fraud and keep you safe from potential identity theft. Our merchants are required by law under the 4th Anti-Money Laundering Directive to perform KYC (Know-your-customer) checks. Customer Due Diligence comprises of “identifying the customer and verifying the customer’s identity on the basis of documents, data or information obtained from a reliable and independent source”.