In our case, we are going to put in place a system that user1 (verified customer) transfers to user2 (unverified customer).
In order to verify user1, we’ll send their CIP information to Dwolla. My questions are:
- How long does the verification process usually takes? Less than an hour? Less than a day?
- What percentage of users are usually verified on the first try (with CIP info)? What are the main reasons for users to fail it?
- Does it speed up the verification process if our users can only transfer up to USD 2.000 a month (accumulated)?