Jayam Solutions eKYC solution accelerates the process of opening a client’s account through the use of online KYC process. This eKYC Seamless Integrations happens at the back office. Any web portal provides options to upload supporting documents online and perform In-Person Verification (IPV).
This entire process is smoothly executed through API integrations. The Application Programming Interfaces (API) is associated with various procedures. Hence, it is necessary to ensure that required service providers are shortlisted for each of the activities and associated APIs are made available for configuring these APIs with eKYC application.
Aadhaar eKYC is a paperless Know Your Customer (KYC) process, wherein the identity and Address of the subscriber are verified electronically through Aadhaar Authentication.It can be used as an alternative to the current KYC process which is done on the basis of physical photocopies of the original documents (ID proof and Address proof).
With the explicit consent / authorization by the resident, the Aadhaar e-KYC integrations provides an instant, electronic, non-repudiable “Proof of Identity” and “Proof of Address” along with date of birth and gender. In addition, it also provides the resident’s mobile number and email address to the service provider, which helps in further streamlining the process of service delivery.