How Can Businesses Use DogPay for KYC/KYB Compliance and Card Setup?
Businesses looking to use DogPay for card setup must first complete the KYC (Know Your Customer) and KYB (Know Your Business) process. This step is essential for compliance and to activate the ability to issue virtual cards and access global accounts. During onboarding, businesses provide corporate documents, beneficial ownership details, and identity verification for authorized signatories. Once approved, they can set up dedicated virtual cards linked to stablecoin wallets, enabling spending in fiat currencies at any merchant that accepts Visa or Mastercard (network logos indicate acceptance). DogPay's platform allows businesses to manage multiple cards, set spending limits per card or user, and monitor transactions in real time. The KYC/KYB flow includes automated checks against sanctions lists and adverse media, helping businesses meet regulatory obligations. After verification, businesses can fund cards with USDC or USDT, which are automatically converted at settlement. This setup supports global business spend, team expense management, and supplier payouts while maintaining a compliant operational framework. DogPay can help businesses streamline their payment workflow by combining stablecoin settlement with card infrastructure, offering a practical alternative to traditional banking for Web3-native companies. The platform provides tools for spend visibility and payment operations, but businesses should note that acceptance depends on the merchant's card network and that successful verification does not guarantee approval for all transactions or features.