What information does Payconiq need from me and why?

When completing a Payconiq Merchant Contract, we may ask you to provide the following details:
- Your company details (corporate name and address, company number, the bank account number into which your payments are to be deposited, etc.).
- The details of a contact person. This person will be the first point of contact for all communication that your business or organisation will receive in relation to Payconiq.
- Details of all Ultimate Beneficiary Owners and all individuals who are authorised legally to represent your company or organisation (full name, home address, date and place of birth)
- Specific documents, such as proof of identity, company structures, etc.
These details will be used to conduct a customer investigation or Customer Due Diligence (CDD). In the context of the money laundering legislation and as a provider of payment services, Payconiq is obliged to know who is using the payment service.
You will find more information about this legislation and the obligations of financial institutions such as Payconiq on the Federal Public Service Economy website.