KYC

The Dworkin Framework provides 3 levels of Know your customer (KYC):

  • None
  • Simplified
  • Full

None level is assigned by default after customer registration process which requires only phone number verification by sending SMS message with temporary PIN code.

Simplified level currently can be retrieved automatically after customer account profile information is completed.

Full level is assigned manually by system administrator verification.

Different KYC levels can be used in various business processes allowing provision of payment restriction/limitation models to minimize fraud cases and business risks.