Automatic KYC

KYC is an absolute requirement when opening an account, and the onboarding process is a crucial stage for confirming customer identity and performing due diligence. Automatic KYC allows you to verify your payment account in a matter of seconds. It only applies to the verification of accounts for natural persons. Corporate accounts still go through Lemonway's standard KYC verification process, which can take between 2 and 48 working hours depending on the option chosen.

To carry out this automated to perform identity checks efficiently, we call on our partner Onfido, an expert in identity control and document security. When a payment account is created, Onfido automatically reviews the various identity documents. Once these documents have been validated, the account will also be automatically validated and ready to receive the first payments. This process lasts less than one minute.

Check our FAQ documentation for more details.