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KYC for African merchants

KYC and KYB are how regulated payment partners confirm who you are and what your business does. PayKato collects this information in cooperation with licensed partners.

What KYC and KYB typically involve

KYC focuses on the individuals behind the business — directors, owners, ultimate beneficial owners. KYB focuses on the business itself — registration, structure, activity, and tax status.

Country-specific notes

Each African market has its own documents and registrar. Specific requirements per country are summarised on the country pages below.

Frequently asked

Why is KYC required?
Anti-money-laundering law and partner-side rules require it. Without KYC and KYB, regulated processors and banks cannot enable live processing or payouts.
Where does my KYC data go?
PayKato stores merchant verification records and shares them with the licensed partners required to process your transactions. See the Privacy Policy for details.
Which processors and banks does PayKato use?
PayKato is built to integrate with licensed payment processors and banking partners. Specific processors and availability are confirmed during merchant onboarding based on country, merchant category, and partner approval.

Related

Begin your KYC

Create a PayKato account and start the merchant verification flow.

PayKato is built to integrate with licensed payment processors and banking partners. Specific processors and availability are confirmed during onboarding based on country, merchant category, and partner approval. PayKato is not a bank and does not hold customer funds.