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Why do I have to verify my account?
Why do I have to verify my account?

KYC verification process in order to received funds

Sara avatar
Written by Sara
Updated over a week ago

The verification process of the accounts is done for two main purposes:

  • First of all, to make you gain an additional income. MOGU is a tool from which you can charge your clients through the App and receive, in this sense, an additional revenue stream. These online transactions are regulated and in order to receive the funds, the user has to be approved by a standard verification process, also called: "Know your customer" (KYC).

  • Secondly, to secure the operations and the responsibility between parties. Only those accounts that are travel agencies will be able to use the platform to sell. When doing the verification process, the account will be asked their agency ID and their constitution letter.

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