Understanding Your KYC Status

Modified on Tue, 27 Oct at 3:28 PM

The account needs to be reviewed to determine if the merchant uploaded all the documents that were required. 


Status
What it Means
Not Started
Account created, KYC not started
Started
KYC has begun, but has not completed
Ready for Review
All information and documents uploaded, awaiting review
Under Review
Compliance team is reviewing the submitted KYC
Approved
Account is verified, payouts enabled
Information Missing
Some details are incorrect, outdated or missing - more information is needed
Rejected
Account not accepted due to a compliance issue
Amended
Account approved but details have changed - requires a new review


Each review normally takes up to 48 hours. Once the review is complete, you will receive an email notification with the outcome:

  • Approved – your account is verified and ready for payouts.
  • More information – some documents or details must be corrected or updated.
  • Rejected – after careful review, our compliance team has determined that the account is not a good fit for Payyo. In this case, you will need to consider an alternative payment solution.

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