Does Stripe need id verification

Yes, Stripe requires identity verification for most users. Stripe's Know Your Customer (KYC) process typically asks for government-issued photo ID, proof of address, and business documentation to comply with financial regulations. The verification requirements depend on your account type, transaction volume, and the countries involved. Indian freelancers and exporters often find Stripe's multi-step verification process time-consuming, especially when compared to Stripe alternatives built specifically for cross-border payments from India.

Skydo, an RBI-authorised platform, also requires KYC but streamlines the process for Indian exporters and freelancers with India-specific documentation requirements. The verification is typically faster because Skydo is purpose-built for receiving international payments in India, whereas Stripe's global infrastructure can sometimes mean longer review times for Indian accounts.