Why do you ask me for verify my identity

Verifying a Partner's identity is important for several reasons:

Security:

It helps to ensure that the Partner is who they claim to be and that their business is legitimate. This can prevent fraudulent activities such as identity theft or money laundering.

Compliance:

In many industries, there are legal requirements to verify the identity of Partners before allowing them to operate. By doing so, companies can ensure they are complying with relevant laws and regulations.

Reputation:

Partnering with reputable and trustworthy merchants is crucial for maintaining a good reputation. Verifying their identity can help to establish trust and credibility with customers, partners, and other stakeholders.

Payment processing:

Verifying a Partners's identity is often necessary for payment processing. Payment providers may require Partners to provide identification documents before they can start accepting payments, to reduce the risk of fraud and chargebacks. Overall, verifying a Partner's identity is an important step in establishing a secure and trustworthy business relationship.