Why is the KYC Process Important for influencers working with brands?
The KYC process is important because it helps protect against fraud, money laundering, and identity theft. It’s a standard practice across industries, and ensures you comply with financial regulations.
By verifying your identity with us through the standard KYC process, you make sure the money you make from brand collaborations are safe and secure when withdrawing it. By being KYC verificated, you as an influencer are protected, by ensuring your earnings are handled securely and that all legal aspects are being followed correctly.
If you’re an influencer who’s not registered as a business, your legal entity is classified as a natural person.
As a private person you need to:
Step 1: Full out the KYC application form in your inzpire me account. Remember to read the fields carefully to make sure all information is correct as it must match exactly to the ID document you provide.
Step 2: Upload a copy of your preferred government-issued ID. This needs to be one of the following: passport, national ID card, or driver's license. A photo of yourself is not accepted as proof of identity.
Why you need to do this: To confirm that the person withdrawing the money from your brand collaborations is the same person associated with your inzpire me account.