With IOUX's digital eKYC service, you can choose to use it as a standalone service or integrate it with your document and agreement workflows. Our eKYC authentication process is fast, secure, and available through various methods, including Aadhaar, PAN, DL, Voter-ID, Passport, Bank A/C, Video KYC, and Employment History.
- eKYC verification is crucial for businesses and individuals when dealing with parties and entering into agreements. For example, when hiring new employees, it's essential to verify their identity, antecedents, and employment history to ensure their suitability for the role and mitigate any hiring risks. Similarly, when entering into an agreement with a new party, it's necessary to verify their identity and credentials to avoid fraud or misrepresentation.
- eKYC verification helps to verify an entity or individual and ensure their suitability for the role or transaction being entered into. These checks deter fraudulent activities such as identity theft, misrepresentation, and other illegal activities, and they also minimize the risk of reputational damage to an organization.
- Failing to conduct proper verification and antecedent checks exposes businesses and individuals to significant risks. For instance, they may end up hiring unqualified employees or entering into agreements with parties who aren't who they claim to be. This can lead to financial loss, legal complications, and reputational damage. Therefore, it's crucial to conduct proper eKYC verification and antecedent checks to ensure all parties involved are legitimate.
- eKYC is the process of instantly and electronically verifying the credentials of a customer/individual, providing proof of identity and address. IOUX is a licensed to obtain eKYC authenticating PAN card and other valid ID proof details of transacting parties.
- With IOUX, eKYC is easy, remote, and hassle-free, taking just a few minutes and eliminating the need for photocopies and careful handling of documents.
- eKYC improves security, reduces fraud, and has the same legal weight as paper documents, making it a convenient and efficient way to verify customer credentials.