Vendy has two (2) business tiers:

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)

Owner's name
Business name
Phone Number
Selfie
National Identification Number (NIN)
Bank Verification Number (BVN)
Business Address
Business Proof Of Address
Government Issued ID
Business Tax ID
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
Business Certificate
Operating License
Government Issued ID
Business Tax ID
Bank Statement or Letter from Bank

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Accepted IDs (Coloured copies only)

Driver's License

International Passport

Identity Card

Permanent Voter's card.