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

Virtual CardLast Updated: August 19, 2025

Meaning A Virtual Card is a digital version of a debit or credit card created for secure online…

UPI App TimeoutLast Updated: October 21, 2025

Definition UPI App Timeout occurs when a transaction or login takes too long and the app automatically cancels…

Fixed Deposit (FD)Last Updated: October 21, 2025

Definition A Fixed Deposit (FD) is a bank investment where a lump sum is deposited for a fixed…