Skip to main content
All CollectionsGetting Started Signing Up
What is Plaid? Why does Chexy need to verify my identity?
What is Plaid? Why does Chexy need to verify my identity?
Updated over 2 weeks ago

Due to Federal KYC (Know Your Customer) requirements, Chexy is legally required to verify each user's identity.

We do this using Plaid, a secure third-party application that, in most cases, can verify your identity in less than 30 seconds using only your mobile phone number.

๐Ÿ”น Fast & Secure: Plaid ensures your information is protected and verifies your identity quickly.


๐Ÿ”น Minimal Effort Required: Most users only need to enter their mobile phone number.


๐Ÿ”น Additional Verification (If Needed): In some cases, you may need to provide a selfie and a valid piece of Canadian ID for further verification.

This process helps keep your account safe and ensures compliance with federal regulations while allowing you to use Chexy with confidence. ๐Ÿš€
โ€‹
โ€‹

Did this answer your question?