In order to complete your registration with Next Commerce, we still need some data. This includes the KYC process. KYC stands for “Know Your Customer”. The verification process for sellers on Next Commerce is part of the European anti-money laundering regulation, known as AML, which is required by institutions such as our EU-certified payment service provider.
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For the mandatory KYC verification procedure in accordance with EU payment regulations a fee of 35 EUR will be applicable.
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