KYC Verification with Stripe Identity

Scope and Purpose
These Terms and Conditions govern the use of the Know Your Customer (KYC) verification process facilitated by Stripe Identity, a service provided by Stripe, Inc. (hereinafter referred to as “Stripe”). This process is conducted to comply with applicable laws and regulations, including but not limited to anti-money laundering (AML) and counter-terrorism financing (CTF) obligations under the German Money Laundering Act (Geldwäschegesetz, GwG).

Consent and Acknowledgment
By proceeding with the KYC verification process, you:

• Acknowledge and agree that the verification of your identity is required for regulatory compliance.
• Provide your explicit consent for the collection, processing, and transfer of your personal data to Stripe solely for the purposes of identity verification and fraud prevention.
• Confirm the accuracy and authenticity of the information and documents submitted.

Data Collection and Processing

The following categories of personal data may be collected during the KYC process:

• Identification documents (e.g., passport, ID card).
• Photographs or biometric data required for identity verification.
• Personal information such as name, date of birth, and contact details.

All data will be processed in accordance with the EU General Data Protection Regulation (GDPR) and the Federal Data Protection Act (Bundesdatenschutzgesetz, BDSG).

Role of Third-Party Provider
The KYC process is performed via Stripe, which acts as an independent third-party service provider. Stripe processes your data under its own terms and privacy policies. For more details, please refer to Stripe’s Terms and Conditions et Stripe’s Privacy Policy.
We disclaim any liability for errors, delays, or data breaches occurring within Stripe’s systems, except to the extent required by applicable law.

Use of Data
Your personal data will be used exclusively for the purpose of identity verification and to meet legal and regulatory obligations. We will not use this data for any other purpose without your explicit consent unless required by law.

Consequences of Non-Compliance
Failure to provide the requested information or successfully complete the KYC process may result in our inability to provide services to you. We reserve the right to request additional information or documentation as required by law.

Amendments to the Service
We reserve the right to amend or discontinue the use of Stripe Identity for KYC verification at any time without prior notice, subject to changes in legal or regulatory requirements.

Applicable Law and Jurisdiction
These Terms and Conditions are governed by the laws of the Federal Republic of Germany. Any disputes arising under or in connection with these terms shall be subject to the exclusive jurisdiction of the courts of Frankfurt Am Main, Germany.

Clause de non-responsabilité

Third-Party Service
The KYC verification process is conducted via Stripe Identity, an independent service provider. While we ensure the integration of secure and reputable third-party services, we are not liable for errors, inaccuracies, or delays caused by Stripe’s systems or processes, except as mandated by German law.

Data Privacy
All personal data processed during the KYC process is handled in compliance with GDPR, BDSG, and other applicable German data protection laws. For further information about Stripe’s data handling practices, please review Stripe’s Privacy Policy.

Customer Obligations
Customers are obligated to provide accurate and complete information during the KYC verification process. Any attempt to falsify information or submit fraudulent documentation may result in the immediate termination of services and potential legal consequences under German law.

Data Retention
Your data will be retained only for as long as necessary to fulfill regulatory obligations, after which it will be securely deleted unless further retention is legally required.

Regulatory Compliance
This KYC process is conducted in accordance with the German Money Laundering Act (GwG) and other applicable legal frameworks. By participating in this process, you agree to comply with all applicable laws and regulations.

Service Limitation
We reserve the right to modify, suspend, or terminate the KYC process or related services without prior notice if required to maintain compliance with legal or regulatory changes.

Acknowledgment

By proceeding with the KYC verification process, you:

• Confirm that you have read, understood, and agreed to these Terms and Conditions and the Disclaimer.
• Agree to the use of Stripe Identity as a third-party provider and to the processing of your personal data for identity verification purposes.
• Accept that non-compliance with the KYC process may result in service denial.

For further questions or concerns, please contact us.