Why do I need to get verified?

2022-07-26

When you open a bank account, you usually need to take some ID into the bank branch. Paysend is no different. We’re a financial institution, so we need to know who’s using our service. It helps us combat money laundering, and keep our clients money safe.

So depending on where you’re sending money from, and how much you send, we’ll ask for you to verify your identity.