Shopee Indonesia Initiates reKYC Identity Verification Review, Wallets to Be Frozen if Overdue

On April 21, Shopee Indonesia issued reKYC (identity verification review) notifications to some local stores (including individual stores and Mall stores), requiring sellers to complete verification to update their information by 23:59 on April 22. Stores that fail to complete the operation by the deadline will have their wallet functions frozen until certification is passed. This review coincides with a period of intense compliance supervision in Indonesia. Local police have established a special task force for anti-smuggling enforcement, launching a 30-day strict inspection campaign focusing on cracking down on illegal imports and exports of categories such as electronics, apparel, and cosmetics. The enforcement results will be incorporated into the performance assessment of the director of criminal investigation. Platform compliance measures and government enforcement actions have formed a dual regulatory loop. Sellers need to complete certification promptly and ensure their information is independent to prevent fund freezing and compliance risks due to incomplete information or association issues. [This article is sourced from Ebrun Go. An automated writing robot developed by Ebrun, delivering e-commerce industry intelligence to you via algorithm in real-time. This bot is still young; please contact run@ebrun.com or leave a comment to help it grow.]