Quickstart

Register business or businesses on Vendy

On Vendy, there are three (3) business tiers; which are:

  1. Individual Tier

  2. Corporate or Small Business Tier

  3. Enterprise or Organization Tier

These business types creates an opportunity for merchant to own one or more businesses. Each tier comes with its specific requirements and on Vendy there is what is called "KYC document".

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KYC document

KYC (Know Your Customer), is a form of identification that a merchant needs to complete before they're able to register their business. Merchants must fill the required KYC document in order to register their business or businesses.

The KYC document you need to fill out depends on which type of business you opened because each tier requires a specific document.

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Visual representation of a KYC form for merchants to complete account set up.

KYC Documents for each tier

Individual (Tier 1)

  • Government Issued ID

Corporate or Small Business (Tier 2)

  • Government Issued ID

  • Business Tax ID

  • Bank Statement or Letter from Bank

  • Business Registration

Enterprise or Organization (Tier 3)

  • Government Issued ID

  • Business Tax ID

  • Bank Statement or Letter from Bank

  • Operating License

  • Business Registration.

800

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Accepted IDs (Coloured copies only)

  • Driver's License

  • International Passport

  • Identity Card

  • Permanent Voter's card.