Digital KYC

byPaytm Editorial TeamLast Updated: July 31, 2025

Meaning

The full form of KYC is Know Your Customer. Digital KYC is the paperless, online method of verifying a customer’s identity using digital documents and biometric data.

How It Works

Customers upload documents or complete live video calls for verification, instead of visiting a branch or submitting physical copies.

Benefits

Faster onboarding, cost-effective for institutions, and accessible for users from remote areas.

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