KYC RELIANCE

Your KYC = Transak KYC

Enable your users to effortlessly purchase crypto with Transak, leveraging their existing KYC — no repeated KYC required.

Here’s how it works

Three steps to get started in seconds

Secure credential sharing

The partner shares the KYC details securely with Transak, enabling the user to directly finish their order in seconds—without having to re-do their KYC.

Instant KYC verification

We securely fetch user data and integrate it into our database to automatically verify their identity on Transak.

Exceptional conversion & UX

Users can place orders in just a few minutes with no extra steps, leading to faster transactions and higher conversion rates for you.

Say goodbye 👋 to onboarding hurdles

KYC Reliance allows users to do a seamless checkout with Transak without the need for KYC again.

Never repeat KYC again

Your users have to go through end-to-end KYC verification once and we can re-use it anytime.

Improves user conversion

Improve user conversion by 50-60% by enabling your users to directly place an order.

Let your users place an order in < 10s

Without any of the KYC steps, it’s as simple as a few clicks!

Simple Integration <> Better Experience

One KYC across Web3

User registers on your platform

As part of your sign-up process, user does KYC on your platform.

KYC Reliance via API endpoints

Using the Identities Endpoint:

1. Send user’s verified KYC data to Transak.
2. We instantly create and verify the customer’s record.
3. For Sumsub users, pass the KYC token through this endpoint.

Instant orders on Transak

Users are now auto-verified for Standard KYC on Transak, allowing orders up to $20,000 with no repeated KYC checks—boosting your conversion rates!

Enables you to go global

Unlock global markets. Grow in developed markets. Penetrate emerging markets. All with a single integration.

Coverage of 162+ countries

Transak has the widest coverage around the world.

20+ local payment methods

We understand what users want from Americas to Asia to Brazil.

Learn more about our Global Coverage

Frequently asked questions

KYC Reliance is integrated through Transak’s Identities Endpoint. Once a user completes KYC on your platform, their data is passed to Transak via this API. For Sumsub users, a KYC token is sent via this endpoint. Transak uses this token or data to create and instantly verify the customer’s record, allowing them to place orders up to $25,000 without needing additional verification on Transak.

KYC Reliance boosts conversion rates by eliminating redundant KYC checks, streamlining the user journey. Users can place crypto orders on Transak right after registering on your platform, without having to undergo additional verifications. This reduces friction, ensuring faster transactions and a smoother user experience, which ultimately enhances satisfaction and trust.

Once users are auto-verified using KYC Reliance, they can place orders up to $20,000 on Transak without undergoing further KYC checks. This limit is designed for Standard KYC transactions and can significantly accelerate high-value crypto orders, helping to increase transaction volumes and reduce onboarding time for larger transactions.

As of now, yes. For partners using Sumsub, Transak integrates directly with Sumsub’s KYC service through a KYC token. Once a user is verified on your platform, the token is passed to Transak via the API. Transak uses the token to instantly create and verify the customer’s profile, enabling them to place orders seamlessly without undergoing repeated KYC checks on Transak’s platform.

As of today we only have KYC Reliance via sumsub. But, as a part of larger roadmap, we will be able to receive KYC token via every identity verification setup.