Marketplaces

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.

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

Recommended Features

ID Verification (KYC)

Verify individual sellers.

KYB Business Verification

Verify registered businesses and UBOs.

AML Screening

Screen sellers against watchlists.

Ongoing AML Monitoring

Continuously screen active sellers for status changes.

Proof of Address

Collect seller address documentation.

Webhooks

Automate seller approval workflows.

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

Seller signs up

The seller chooses an individual or business account.

Verify individuals

For individual sellers, call Create Session for identity verification.

Verify businesses

For business sellers, initiate KYB verification to check company registration and UBO structure.

Screen for AML risk

Run an AML screen on the seller or business principals.

Enable listings

Once approved, enable the seller’s listing capabilities.

Security & Trust

Regulatory Frameworks

Use Cases

Recommended Features

ID Verification (KYC)

KYB Business Verification

AML Screening

Ongoing AML Monitoring

Proof of Address

Webhooks

Sample Token Configuration

Integration Flow

​Recommended Features

ID Verification (KYC)

KYB Business Verification

AML Screening

Ongoing AML Monitoring

Proof of Address

Webhooks

​Sample Token Configuration

​Integration Flow

Recommended Features

Sample Token Configuration

Integration Flow