- Published on
How to Create a TikTok Shop Seller Account From Pakistan in 2024 - Part 3
Introduction
Creating a TikTok Shop seller account can be a straightforward process if you follow the required steps accurately. In this part of our guide, we will discuss the payment verification process, known as Know Your Customer (KYC), essential for uploading documents and ensuring you can receive payouts from your TikTok shop.
Step-by-Step Process for Payment KYC
When you try to upload a document on TikTok Max, you may encounter a notification indicating that payment verification is required to take draws. To initiate this process, simply click on "Go Complete," which will take you to the KYC verification stage. Here, you’ll be asked to provide information about your company, including its registration number.
Document Upload Requirements
Company Registration Certificate:
- Upload a certificate from your local company house. Acceptable formats include JPG and PNG.
Proof of Address:
- Provide proof of your company’s registered address. You can submit documents such as utility bills, bank statements from financial institutions, or government-issued letters.
- Ensure that any document submitted is no older than three months (120 days).
Additional Documents:
- If applicable, include any recent letters from HMRC or other government departments in your name, confirming your registration and address.
Details about the Business Owner
After the company documents are uploaded, you’ll need to provide information about the business owner or the director. This includes:
- Residential address (which should match the address registered with the company).
- Proof of address for the business owner. Options include:
- A recent utility bill (not mobile).
- Bank statements, government letters, or any other acceptable documents.
Remember, if you’ve used a driving license for identity verification previously, it cannot be used again as proof of address.
Final Steps for Document Submission
After completing all the required fields and uploading the necessary documents, you will submit them. You can expect the payment KYC to be completed within 24 hours. Note that this verification is crucial for receiving payouts; hence, ensure all documents are in order before submission.
Summary of Payment KYC
If you have yet to open a bank account for your company, you can still progress with listings and manage other options on TikTok. However, you cannot receive payouts until you complete the payment KYC.
Next Step: Submitting Bank Account Information
The next segment in this series will detail how to submit your bank account information to ensure a smooth transaction process for receiving payments from your TikTok shop.
Keywords
- TikTok Shop
- Seller Account
- Payment Verification
- KYC
- Company Registration
- Proof of Address
- Business Owner
- Document Uploads
FAQ
Q1: What documents do I need to provide for TikTok Shop KYC?
A1: You need to provide a company registration certificate, proof of address (like a utility bill or bank statement), and documentation for the business owner.
Q2: Can I use a driving license as proof of address?
A2: If you used it for identity verification during account creation, you cannot use it again. You need to submit other documents.
Q3: How long does the KYC process take?
A3: The payment KYC process typically takes up to 24 hours after you submit the required documents.
Q4: What happens if I haven’t registered a bank account for my company yet?
A4: You can still proceed with listing products and using other features on TikTok Shop, but you won’t be able to receive payouts without completing the payment KYC.