KYB/KYC Requirements

All merchants must complete Know Your Business (KYB) verification before accepting live payments. Sandbox mode is available immediately — no verification required.

Verification Process

┌─────────────┐    ┌──────────────┐    ┌──────────────┐    ┌─────────────┐
│  Sign Up    │───▶│  Submit KYB  │───▶│  Under       │───▶│  Approved   │
│             │    │  Documents   │    │  Review      │    │  (Go Live)  │
└─────────────┘    └──────────────┘    └──────────────┘    └──────┬──────┘
                                              │                    │
                                              ▼                    │
                                       ┌──────────────┐           │
                                       │  Rejected    │           │
                                       │  (Resubmit)  │──────────┘
                                       └──────────────┘

Create a Bag account and start building in sandbox mode immediately. No documents required.

Step 2: Submit KYB Documents

When you're ready to go live, submit your business verification through the onboarding flow in the dashboard.

Required documents:

Document	Description
Business registration	Certificate of incorporation, articles of organization, or equivalent
Proof of address	Utility bill, bank statement, or government correspondence (< 3 months old)
Beneficial ownership	Disclosure of individuals owning 25%+ of the business
Identity verification	Government-issued ID for the primary account holder
Bank or wallet details	Payout destination for settlements

Additional documents may be requested based on your jurisdiction, business type, or expected transaction volume.

Step 3: Review

Bag reviews your submission. During review:

Sandbox access continues uninterrupted
You can update your submission if additional information is needed
Status is visible in the dashboard under Settings > KYB Status

Step 4: Approval

Once approved:

Live API keys become available in Developer Settings
You can accept real payments
Settlement and payout features are activated

KYB Status

Status	Meaning
`not_submitted`	KYB documents have not been submitted yet
`submitted`	Documents submitted, under review
`approved`	Verification complete, live payments enabled
`rejected`	Verification failed — check dashboard for details and resubmit

Check status via the dashboard or API:

curl https://getbags.app/api/kyb \
  -H "Authorization: Bearer $BAG_API_KEY"

Timeline

Step	Typical Duration
Document submission	5–10 minutes
Initial review	1–3 business days
Additional info request (if needed)	Adds 1–2 business days
Final approval	Same day after all documents are verified