> ## Documentation Index
> Fetch the complete documentation index at: https://docs.bleepay.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Onboarding & KYC/KYB

> Merchants taking fiat complete KYC/KYB; crypto-only merchants have a lighter path.

KYC (Know Your Customer — individuals) and KYB (Know Your Business — entities) are the identity-verification steps a business completes when getting set up.

* A merchant that registers and wants to **receive fiat** (have crypto payments converted and paid out to a bank account) completes **KYC/KYB** as part of onboarding. This is a standard requirement wherever payments reach the traditional banking system, and the fiat payout partner has its own onboarding requirements too.
* Onboarding collects identity information about the business and the people behind it and, for fiat payouts, the bank account details funds will be sent to.
* A merchant who only settles in **crypto** (to their own wallet address) has a lighter onboarding path, since funds never enter the banking system through Bleepay.

## Next steps

* [Payment flows](/home/architecture/payment-flows) — where off-ramp and liquidation fit.
* [Security](/home/architecture/security) — zero-trust model.