KYC (Know Your Customer)

KYC is the process financial services use to verify a customer's identity, helping prevent fraud and money laundering.

Know Your Customer (KYC) is the identity-verification process that regulated financial services use before letting you transact. It confirms that you are who you say you are, which protects you and everyone else on the platform from fraud and money laundering.

A KYC check is usually quick and one-time. On Energywallet, completing KYC unlocks full access — including becoming a vendor — and keeps the ecosystem safe for buyers and sellers.