Marketplaces today face increasing risks of fraud and identity theft. To counter this, seller verification and global seller identity verification processes have become indispensable. By adopting Marketplace Seller Onboarding KYC, platforms verify documents, business ownership, and compliance checks before approving sellers. This reduces fraudulent activities and enhances the credibility of the marketplace. Buyers are more likely to trust a platform that has stringent marketplaces seller identity verification systems in place. In return, sellers gain access to a secure platform that values integrity and reliability. Verification is not just a compliance step — it is a competitive advantage for marketplaces.