Seller Verification (KYC) Guide

Why Verification Is Required and How Seller Identity Checks Work on LQTTA Marketplace

To maintain a secure, trusted, and compliant marketplace environment, LQTTA requires sellers to complete a verification process commonly known as KYC (Know Your Customer). This process helps protect customers, legitimate vendors, and the marketplace ecosystem.

Verification ensures that sellers operating on LQTTA are real, accountable, and compliant with marketplace and legal requirements.

1. Why Seller Verification Is Required

Prevent fraud and fake seller accounts
Protect customer transactions and trust
Comply with financial and marketplace regulations
Reduce disputes and payment risks
Maintain a safe and professional marketplace environment

2. Documents That May Be Requested

Depending on seller type and business activity, the following documents may be required:

Government ID or Passport
Business License or Company Registration
Proof of Address
Bank Letter or Recent Bank Statement

All submitted documents must be valid, clear, and match the seller profile information.

3. How the Verification Process Works

Seller uploads required documents through the seller dashboard.
The marketplace team reviews the documents for accuracy and compliance.
Sellers may be contacted if clarification or additional documents are required.
Once approved, the seller account becomes fully active.

4. How Long Does Verification Take?

Verification time may vary depending on document quality, completeness, and compliance checks. Sellers are encouraged to upload clear and accurate files to avoid delays.

5. Data Privacy & Security

Seller documents are handled securely and used only for verification and compliance purposes. Access is restricted to authorized personnel responsible for verification and risk management.

Important:
LQTTA does not publicly display verification documents or sensitive personal information.

6. Re-Verification & Updates

Marketplace sellers may be asked to update or re-submit documents if they expire, if business information changes, or if additional compliance checks are required.

7. What Happens If Verification Is Not Completed?

Sellers who do not complete verification may experience limited account functionality, restricted listings, delayed payouts, or account suspension until compliance requirements are met.

8. Need Help With Verification?

If you experience issues during verification, please contact marketplace support through your seller dashboard for assistance.