A Complete Guide: Key Comparisons of KYC Requirements Across Different Platforms

A Complete Guide: Key Comparisons of KYC Requirements Across Different Platforms

In cross-border e-commerce and overseas marketing, KYC (Know Your Customer) is a core compliance requirement for lawful operations. Whether opening an ad account, payment account, or registering on an e-commerce platform, businesses must meet the identity verification (KYC services) requirements of different platforms. This article compares the compliance requirements of major platforms across dimensions such as ID verification, facial recognition, and account authentication to help you efficiently complete secure and compliant processes.

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H2: What is KYC? Why Is It So Important?

KYC (Know Your Customer) is a policy established by financial institutions, payment platforms, and e-commerce service providers to prevent illegal activities like money laundering and fraud. Through KYC services, platforms can verify users' real identities and reduce compliance risks.

H3: Main Types of KYC 1. Basic Identity Verification (Basic KYC): Such as name and ID/passport verification. 2. Enhanced Verification (Enhanced KYC): Involves facial recognition, proof of address, income proof, etc. 3. Ongoing Monitoring (Ongoing KYC): Regular updates to user information to ensure long-term compliance.

For cross-border e-commerce sellers and marketing agencies, KYC requirements vary significantly across platforms. Understanding them in advance can prevent delays or account restrictions.

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H2: Comparison of KYC Requirements Across Major Platforms

H3: E-commerce Platform KYC Requirements

1. Amazon

• Required Documents: Business license, legal representative's ID/passport, bank account information.
• Verification Method: Facial recognition + manual backend review.
• Key Feature: Strict review process with high rejection rates; ensure documents are clear and consistent.

2. Shopify Payments

• Required Documents: Company registration proof, legal representative's ID, proof of address (e.g., utility bill).
• Verification Method: Document upload + automated backend review, with occasional additional requests.
• Key Feature: Supports businesses from multiple countries but imposes stricter reviews on high-risk regions.

1. PayPal

• Required Documents: Personal accounts need ID + proof of address; business accounts require a business license + legal representative's info.
• Verification Method: Document scan + potential video verification.
• Key Feature: Strict risk control; certain industries (e.g., virtual products) may trigger secondary reviews.

2. Stripe

• Required Documents: Company registration documents, legal representative's ID, bank account information.
• Verification Method: Fully automated account verification; some regions may require tax ID supplements.
• Key Feature: Faster approval but limited support for emerging markets.

1. Google Ads

• Required Documents: Personal accounts only need ID; business accounts require a business license + legal representative's ID.
• Verification Method: Document upload + credit card charge verification.
• Key Feature: Ad accounts are prone to risk controls; complete KYC early to reduce suspension risks.

2. Facebook/Meta Ads

• Required Documents: Personal accounts need ID + selfie verification; business accounts require a business license + corporate bank account.
• Verification Method: Facial recognition + manual review.
• Key Feature: Frequent policy updates; multiple failed attempts may lead to permanent account bans.

H2: Common Reasons for KYC Failures & Solutions

H3: 1. Blurry or Expired Documents

• Issue: Unclear ID/passport or expired business license.
• Solution: Use a high-quality scanner and ensure documents are valid.

• Issue: Mismatched company name/address with bank account details.
• Solution: Align all document information and avoid typos.

• Issue: Poor lighting or lack of eye contact with the camera.
• Solution: Choose a well-lit environment and follow system prompts.

• Issue: Stricter scrutiny for industries like virtual products or financial services.
• Solution: Prepare additional compliance documents (e.g., business licenses) in advance.

H2: How to Complete KYC Verification Efficiently?

1. Prepare compliant documents in advance: Ensure IDs, business licenses, and bank details are ready. 2. Submit at the right time: Avoid platform review peaks (e.g., month-end). 3. Use professional KYC services: E.g., Quark Hub’s KYC consulting support can expedite the process. 4. Stay patient and follow up: Contact platform support if delays occur.

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H2: Summary & Actionable Tips

While KYC requirements differ across platforms, the core logic remains the same: verifying identity authenticity to ensure security and compliance. Cross-border e-commerce and overseas marketing professionals should familiarize themselves with target platform rules to avoid disruptions.

If you encounter challenges with identity or account verification, Quark Hub’s overseas marketing studio offers professional KYC solutions! Our team specializes in platform compliance policies, helping you breeze through reviews and expand globally with confidence.

🚀 Visit [www.quark-hub.com](https://www.quark-hub.com/) or contact support for tailored KYC assistance!