I see more and more apps and services requiring a selfie to proceed.
What are our privacy minded people doing when they want to use a service but not provide the selfie?
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I had opened it with the intent of using it for receiving money, but didn’t really need it until just recently.
So, just waiting until I actually end up requiring to receive payments, to open an account somewhere.
As far as KYC goes, the payment processor should ask the Bank (the one that I am connecting to the account) to verify my identity.
I can then login to the bank via the respective bank’s website, find an entry with the PayPal account no. and be able to Authorise the request.
That way, PayPal knows that I am a legitimate account holder, without requiring to make my videos.
Also, casual videos should not be considered a valid method of verification anywhere.