Back to Team & Business
Team & Business

Business Verification

Verify your business to unlock all features.

4 min readUpdated: 1/25/2026

Business Verification

Verify your business to access all ClapPay features.

Why Verify Your Business?

Verification is required to:

  • Accept payments
  • Send payouts
  • Access higher limits
  • Enable all features

What We Verify

Business Information

  • Legal business name
  • Business address
  • Tax ID (EIN, VAT, etc.)
  • Business type
  • Industry

Ownership Information

For each owner with 25%+ ownership:

  • Full legal name
  • Date of birth
  • Address
  • Government ID

Representatives

The person managing the account:

  • Full name
  • Job title
  • Contact information

Verification Process

Step 1: Start Verification

Go to SettingsBusinessVerify Business.

Step 2: Business Details

Enter your business information:

  • Legal name
  • DBA (if different)
  • Address
  • Tax ID
  • Website

Step 3: Business Documents

Upload required documents:

| Business Type | Documents Needed |

|---------------|------------------|

| Sole proprietor | ID + proof of address |

| LLC | Articles of organization |

| Corporation | Articles of incorporation |

| Partnership | Partnership agreement |

Step 4: Owner Information

Add information for each beneficial owner:

  • 25%+ ownership stake
  • Full details and ID

Step 5: Representative

Confirm your authority to act for the business.

Step 6: Submit

Review everything and submit for verification.

Verification Timeline

| Status | Timing |

|--------|--------|

| Under review | Immediately after submission |

| Additional info needed | 1-2 business days |

| Approved | 1-3 business days |

| Manual review | Up to 5 business days |

If Verification Fails

Common issues:

  • Document quality too low
  • Information mismatch
  • Missing documents
  • Unsupported business type

You can:

  1. Review rejection reason
  2. Correct the issue
  3. Resubmit

Keeping Information Current

Update verification when:

  • Address changes
  • Ownership changes
  • Business structure changes
  • Legal name changes

Go to SettingsBusinessUpdate Information.


Related Articles:

verification
business
KYB
documents

Was this article helpful?

Still need help?

Our support team is available 24/7 to assist you.