Reliance Jio 4G SIM - How eKYC Activations Will Work - Tips Must Know
2 Sep 2016 11:51 am
What is KYC?
KYC, or Know Your Customer, is a process of a business verifying the identity of its clients - eKYC means taking the process online, doing away with manual paper checks, and thus ideally speeding up the process so that there is greater convenience for the users, and greater efficiency for the businesses.
How does it work?
To simplify the process, eKYC uses your Aadhaar card to verify your details quickly. This is a service offered by the UIDAI, and enables businesses to quickly carry out KYC norms.
To do so, you need to give the store you Aadhaar number, and then your fingerprint is scanned in the store and matched with the Aadhaar database to verify your identity.
That means that you can walk into a Reliance (or any other) store with just your Aadhaar card and get the verification done, and since the process happens electronically instead of verifying manual documents, it'll also work much more quickly.
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