The business verification is required for us to help assess ownership of the business, address validation and business category validation to help appropriately serve our users and merchant partners. video verification is similar to Know your customer (KYC) verification process.
For our merchant partners, some of the benefits of verification (KYC) are:
- Monthly limit increases
- Be searchable by your business name
- Phone number mode of payment activated
- Enhanced account security
- Merchant rewards
- Open Google Pay for Business .
- Tap Verify business.
- In the "Things you'll need" section, review the list of items needed.
- Tap I agree, start video call.
- Work with the agent on the video call to verify details about you and your business. The verification will require your original PAN card and the owner/legal affiliate of the business to be present at the place of business. In case the address of your business can't be validated, the agent might request for proof of address and proof of ownership.