Detailed explanation of Meikeduo KYC certification: comprehensive analysis from common questions to audit risks

On the Meikeduo platform, KYC (Know Your Customer) certification is not only a required process before registering as a seller, but also a key step to ensure the security and legality of transactions. This article will combine KYC certification FAQs and operational risk analysis to help sellers better understand this process and guide how to avoid potential risks.

KYC certification FAQ

1. Does each account need to upload KYC information?

Yes, each account needs to upload KYC information independently. A set of company business qualifications can only correspond to one main account, including all sites. Please ensure that the business license corresponding to each account has independent data uploaded.

2. Can the same legal representative register multiple companies to complete KYC certification?

No. Registering a Meike multi-master account (including multiple sites) requires a real and unique mainland Chinese company qualification that has not been registered with Meike for identity information verification. One business license can only be used to open and complete the verification of one seller’s main account.

3. Verification requires entering a mobile phone number and collecting personal information. Will this information be used for other purposes besides KYC?

Meikeduo promises to treat all personal and business information collected with caution and keep it strictly confidential. This information will not be used for any purpose other than KYC and will ensure compliance with all Chinese data information security laws and regulations.

4. Can branches, partnerships and other organizations be used to complete KYC certification?

Currently, Meikeduo does not accept branches, sole proprietorships, individual industrial and commercial households, joint ventures, trusts, funds, partnerships and other organizations without legal personality to complete KYC certification.

5. What are the consequences of failing to submit information within the specified time?

Failure to complete the data submission within the specified date, the seller will not be able to continue selling activities on the platform, and the seller’s account may be temporarily frozen.

Behaviors that easily trigger KYC review

The following behaviors may easily trigger KYC review:

• Change the backend collection account
• Change background Google Authenticator
• Frequently change basic background information: such as email, password, IP, phone number, etc.
• One-time withdrawal of large amounts
• Selling local contraband or infringing products
• A large number of quality complaints and incorrect goods in a short period of time
• Products that have not been put on the shelves for a long time are being hoarded with empty accounts

Latin American local number operation risks

Risks in the operation of Latin American local ships mainly include:

• Risk of audit triggering: Irregular operations may trigger KYC audits, affecting account functions and operations.
• Account credibility is damaged: Products not on the shelves for a long time and a large number of quality complaints can easily lead to a decline in account credibility.
• Legal and regulatory compliance issues: When registering a local account in a Latin American country, it needs to meet the legal person requirements. Some countries require local identity to register a legal person.
• Illegal products and complaints: Selling illegal products can easily trigger KYC review, resulting in account restrictions.

Countermeasures after triggering KYC review

Once the KYC review is triggered, sellers usually cannot add new product lists and create shipments. The account can still operate normally, but the money may not be refunded immediately.

Solution

• Check the reasons for the audit failure: Log in to the Meikeduo official website or APP, check the specific reasons for the audit failure, and make adjustments according to the guidelines.
• Submit additional identification documents: Provide additional identification documents such as passport, driver’s license, etc.
• Contact Meikeduo customer service: Ask about the reason for the failure and seek help and advice.
• Wait for a period of time and resubmit for review: During the waiting period, check and complete personal information to improve the review pass rate.

Through the above methods, we hope that sellers can successfully pass Meikeduo’s KYC review and ensure the stable operation of their accounts.