Digital Onboarding

byPaytm Editorial TeamLast Updated: August 12, 2025

Meaning

Digital Onboarding is the process of registering new customers or users to a digital platform or financial service using online tools.

How It Works

Users submit identity documents, complete verification steps (like OTPs or video KYC), and are granted access without visiting a branch.

Purpose

It helps banks, fintech, and service providers onboard users quickly and securely from anywhere.

You May Also Like

Mobile WalletLast Updated: August 12, 2025

Meaning A Mobile Wallet is a digital application on your phone that stores payment details and allows secure…

Digital SignatureLast Updated: August 12, 2025

Definition A Digital Signature is an electronic method of signing documents that confirms the sender’s identity and ensures…

Bank BranchLast Updated: September 10, 2025

Definition A Bank Branch is a physical office of a bank where customers can do transactions like depositing,…

Fraud Detection SystemLast Updated: August 12, 2025

Meaning A Fraud Detection System is a technology-based system that identifies suspicious or unauthorized transactions in real-time to…