Vendy has two (2) business tiers:
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Individual Tier
-
Corporate Tier
These business types create opportunities for merchants to own one or more businesses. Each tier comes with its specific KYC requirements.
KYC Requirements For Each Tier
KYC (Know Your Customer) is a form of identification required of merchants to register their business. The details needed for the completion of this process depend on the tier/type of business.
Individual (Tier 1)
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Owner's name
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Business name
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Phone Number
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Selfie
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National Identification Number (NIN)
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Bank Verification Number (BVN)
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Business Address
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Business Proof Of Address
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Government Issued ID
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Business Tax ID
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Bank Statement or Letter from Bank
Corporate (Tier 2)
-
Owner's name
-
Business name
-
Phone Number
-
Selfie
-
National Identification Number (NIN)
-
Bank Verification Number (BVN)
-
Business Address
-
Business Proof Of Address
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Business Certificate
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Operating License
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Government Issued ID
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Business Tax ID
-
Bank Statement or Letter from Bank
Accepted IDs (Coloured copies only)
Driver's License
International Passport
Identity Card
Permanent Voter's card.