Mobile Wallet KYC

byPaytm Editorial TeamLast Updated: August 12, 2025

Definition

Mobile Wallet KYC is the process of verifying a user’s identity to comply with RBI guidelines for mobile wallet usage.

Key Features

  • Requires document submission or Aadhaar-based verification
  • Increases wallet transaction limits
  • Enables full wallet features like bank transfers
  • Can be done online or in person

It ensures security and compliance in digital payments.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

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