Financial platforms like Melon are legally required to collect KYC (Know Your Customer) information for any users who receive funds through the platform. This requirement prevents financial fraud and other malicious activities by verifying the bank account holderās information with our payment processor. If a user doesnāt meet Stripeās KYC requirements, payouts can be delayed or blocked until the issue is resolved.
Updating your KYC information in the Melon dashboard is super easy! Just follow these steps to knock it out in a few minutesā¦
Steps to complete KYC requirements
Click the gear icon in the top right corner of the Melon dashboard
Click Settings
Navigate to the āVerificationā tab
Fill out the details on that page and click āsaveā
Youāre good to go!
