Following the publication of decree no. 2023-63 of February 3, 2023, Lydia is obliged to verify the identity of its users.
Requirement for Lydia and its customers
To combat fraud, the Ministry of Economy and the Ministry of the Interior published a decree compelling establishments such as Lydia to verify the identity of their users if they've been registered for more than 12 months.
In other words, users whose identity has already been verified will not be affected. However, users who created their account a few years ago without following the verification process will be affected.
User's information
Users whose identity hasn't been verified 12 months after creating their accounts have 2 months to do so.
In which case, Lydia sends users an email offering them to:
- Either keep their account by verifying their identity in-app;
- Or close their account.
This email marks the beginning of the 2 months period agreed upon to let them verify their identity. Otherwise, Lydia will have to close their account to comply with the new regulation.
Encountering difficulties
Should customers encounter any difficulties to verify their identity or to close their account, they are advised to reach out to customer service at hello@lydia.me.