Marketplaces

Set up seller verification, KYB business checks, and AML screening for marketplace platforms with iDenfy for trust and DAC7 compliance.

Marketplace platforms need to verify sellers to build trust, prevent fraud, and comply with regulations like the EU DAC7 directive. iDenfy enables both individual seller verification and business verification for registered companies.

Recommended Features

Feature	Purpose	Docs
ID Verification (KYC)	Verify individual sellers	Create Session
KYB Business Verification	Verify registered businesses and UBOs	KYB Overview
AML Screening	Screen sellers against watchlists	AML Screening
Proof of Address	Collect seller address documentation	Additional Steps
Webhooks	Automate seller approval workflows	Webhooks

Sample Token Configuration

{
  "clientId": "seller_88901",
  "firstName": "Maria",
  "lastName": "Garcia",
  "callbackUrl": "https://your-marketplace.com/api/verify/callback",
  "expiryTime": 3600,
  "documents": ["ID_CARD", "PASSPORT", "DRIVER_LICENSE"],
  "additionalSteps": {
    "poa": true
  }
}

Integration Flow

1. Seller signs up and chooses individual or business account.
2. For individuals, call Create Session for identity verification.
3. For businesses, initiate KYB verification to check company registration and UBO structure.
4. Run an AML screen on the seller or business principals.
5. Once approved, enable the seller’s listing capabilities.

For marketplaces subject to DAC7, combine KYC with Proof of Address to collect all required seller data in a single verification flow.