Know Your Customer is a system that lets us verify your identity so that we can comply with PayrNet’s anti-money laundering requirements.

What does that mean for E.U. users?

Plum Fintech CY Ltd. customers must verify their identity to continue setting money aside with Plum once they reach a certain threshold in money deposited with Plum.

You will need to upload a picture of your ID (either a passport, driver’s licence or national ID card) and complete a Facial Similarity Check by taking a short video of yourself repeating a security message.

What happens next?

If you uploaded a document as part of our previous KYC process, then you may be asked to re-verify your identity to comply with these newly updated requirements.

What else do you need to know?

  • Plum Fintech CY Ltd. is an electronic money distributor on behalf of PayrNet UAB (“PayrNet”).

  • Plum Fintech CY Ltd. has partnered with Fino run GmbH (‘Fino’), a payment institution which allows you to see details of the balances and transactions from your linked accounts, and to initiate payments from them.

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