---
title: "Partner Managed KYC and KYB"
slug: "partner-managed-kyc"
updated: 2026-07-08T19:35:11Z
published: 2026-07-08T19:35:11Z
canonical: "www.documentation.paynetics.digital/partner-managed-kyc"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://www.documentation.paynetics.digital/llms.txt
> Use this file to discover all available pages before exploring further.

# Partner Managed KYC and KYB

If you already have an established customer onboarding process or wish to retain greater control over the onboarding flow, Paynetics offers the flexibility for you to manage your own KYC (Know Your Customer) and KYB (Know Your Business) processes.

This setup is subject to prior approval and ongoing oversight by Paynetics to ensure full alignment with Paynetics' regulatory, security, and risk management standards.

## Approval Process

Before you can operate under the Partner Managed KYC/KYB model, Paynetics must review and approve:

- Your selected KYC/KYB vendors
- Your onboarding procedures and policies
- Your system architecture and controls

The list of required verifications and documentation will be tailored to your business model and customer risk profile and will be provided by Paynetics during the onboarding of your program.

### Evaluation Steps:

1. Demonstration of your KYC/KYB process: A detailed walkthrough of your customer onboarding journey.
2. Audit of policies and procedures: A thorough review of your KYC/KYB documentation, workflows, and control points.
3. Vendor review: Assessment of the external providers supporting your KYC/KYB process.
4. System access: Paynetics will require direct access to your KYC/KYB systems for monitoring and audit purposes.

## Ongoing Responsibilities

You must provide Paynetics with real-time submission of all KYC/KYB documents, verification reports, and vendor checks via the Onboarding API.

Paynetics reserves the right to override any verification decision at any time.

Annual AML audits of your vendors and processes will be conducted, with increased frequency if dictated by monitoring outcomes or customer risk profiles.

## Gradual Autonomy

Initially, all customer verification decisions will require Paynetics' approval. Once your processes consistently meet Paynetics' standards, you may be granted the ability to onboard customers independently, subject to:

- Random, ongoing checks by Paynetics
- Full process audits conducted annually, semi-annually, or more frequently if risk factors warrant

If any breaches of policy or regulatory standards occur, Paynetics may:

- Reintroduce stricter control levels
- Require additional approvals
- Temporarily suspend the onboarding of new customers in serious cases

## Key Considerations

You must maintain full audit trails for all KYC/KYB decisions.

Paynetics will regularly review your system configuration, vendor management, and data handling practices.

All changes to your KYC/KYB flows, vendors, or risk policies must be communicated to Paynetics in advance for review and approval.

Know Your Customer. The regulatory and risk-management process of verifying the identity of individual customers before onboarding them to a financial service. KYC obligations fall on the entity holding the customer relationship.

A **Partner** is the entity that integrates Paynetics’ services and offers them to end customers.

Partners operate within their own instance and manage users, merchants, applications, and programs. They define fees, user flows, and configurations within the limits of their contractual agreement and may be responsible for KYC or KYB processing.

The partner is the primary integrator and owner of the end-to-end solution built on Paynetics.

Know Your Business. The regulatory and risk-management process of verifying the identity, ownership structure, and legitimacy of business entities before onboarding them as customers.

Anti-Money Laundering. A set of laws, regulations, and procedures designed to detect and prevent criminals from disguising illegally obtained funds as legitimate income. Financial institutions must maintain AML programmes including transaction monitoring, suspicious-activity reporting, and sanctions screening.