Merchant

What are the KYC Requirements for Payment Systems?

KYC procedures typically encompass the gathering and validation of various personal and business details. This includes identification documents, address proofs, and data on beneficial ownership. At PTPShopy, you’re not required to complete KYC immediately. But once you decide to transfer the received funds to an external wallet, KYC becomes mandatory. This approach allows merchants to

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What’s the Difference Between a Crypto Wallet and a Crypto Payment Gateway?

A crypto payment gateway is tailored for receiving payments for goods and services from multiple buyers. It’s designed for a vast number of transactions executed through a broad array of merchant tools. Conversely, a crypto wallet is for personal use and doesn’t offer the diverse tools for receiving funds that a gateway does. KYC –

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