Video KYC

byPaytm Editorial TeamLast Updated: August 19, 2025

Definition

Video KYC (Know Your Customer) is a digital method of verifying a customer’s identity through live video interaction.

Process

Customers show their documents and face a bank official over a secure video call, eliminating the need for physical visits.

Benefits

  • Saves time and travel
  • Convenient remote verification
  • Secure and RBI-approved process

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.

You May Also Like

Cash Deposit Machine (CDM)Last Updated: November 14, 2025

Meaning CDM stands for Cash Deposit Machine. A Cash Deposit Machine is a self-service banking machine that lets…

Recurring e-MandateLast Updated: August 19, 2025

Full Form & Meaning An e-Mandate (Electronic Mandate) is an online standing instruction set up by customers to…

Payment Service Provider (PSP)Last Updated: October 21, 2025

Meaning PSP stands for Payment Service Provider. A Payment Service Provider, is an entity that enables merchants to…

UPI Transaction AnalyticsLast Updated: October 21, 2025

Meaning UPI Transaction Analytics analyzes payment patterns, volume, and trends to help banks and businesses optimize services. Benefit…

Dynamic QR GenerationLast Updated: September 15, 2025

Definition Dynamic QR generation refers to the process of creating fresh, transaction-specific QR codes through merchant systems or…

NSDLLast Updated: November 14, 2025

Full Form & Definition Full form: National Securities Depository Limited. NSDL holds shares and securities in electronic form,…