Introduction – Aadhaar eKYC
Aadhaar eKYC is a service offered under Aadhaar project by UIDAI department of Government of India. Under this service organizations can establish the positive Identity of their customers by validating their Name, Address and other information against their Biometric Identity with Aadhaar data center.
Why eKYC ?
KYC (Know Your Customer) via in person or documentary verification is already mandatory in many Government, Semi-government, Public sector along with all types of Banking & Finance activities in India. This manual process is very time consuming and may still not be able to establish correct identity. Large number of bogus accounts or identities are created everyday to get extra benefits or hide correct information.
eKYC make this process simple and electronic. In addition it offer Biometric based validation which can root out all bogus accounts from the system leading to huge savings.
Features of the Aadhaar e-KYC service
- Paperless: completely electronic service
- Consent based
- Eliminates Document Forgery
- Secure and compliant with the IT Act
- Low cost
- Machine Readable
- Regulation friendly
BioEnable offer Hardware & Software solutions for Aadhaar eKYC