KYC stands for Know Your Customer. On eBuy it means verifying who a seller is before they can list items or be paid.
Why it is required
- eBuy transfers real money to sellers, and Indian payment rules require the recipient to be identified
- Buyers are handing over money to a stranger, and verification means that stranger is accountable
- It makes it much harder for someone banned for fraud to simply come back under a new name
Who needs it
Only sellers. If you just buy on eBuy, you never have to complete KYC.
What it does not do
- It does not guarantee you will be approved as a seller
- It does not make your listings visible on its own, as each listing is still reviewed
- It does not guarantee when a payout will arrive
Submit KYC only through the form inside your eBuy account. Nobody from eBuy will ever ask for your PAN, Aadhaar, or bank details over WhatsApp, a phone call, or social media.