Registering a seller
Lyra Collect is a payment institution approved by the ACPR. For this reason, Lyra Collect must verify the identity of its clients. Seller registration is a process that consists in verifying the documents and details provided by the operator before validating the entry into a relationship with a physical (private seller) or legal (professional seller) person and their representatives following the analysis of their file by Lyra Collect.
The seller is declared in two steps, the first one consists in retrieving detailed information about the seller, and the second one consists in collecting KYC documents.
Once the seller has been declared, Lyra Collect proceeds to reviewing the documents in order to determine whether the request of entry into a relationship will be accepted.