Aadhaar-based know your customer (KYC) is a process of verifying the identity of a mobile phone user using their Aadhaar details. This process is used by telecom operators to comply with the KYC norms set by the Telecom Regulatory Authority of India (TRAI).
Under the Aadhaar-based KYC process, a mobile user has to provide their Aadhaar number and biometric details, such as fingerprint or iris scan, to the telecom operator. The operator will then verify these details with the UIDAI database to authenticate the identity of the user. Once the Aadhaar-based KYC process is complete, the user will be able to activate their mobile phone number and use it for making calls, sending texts, and using data services.
The government has introduced simplifying KYC processes for mobile phone users. Now, based on Aadhaar and self-identification there is no need to visit a physical outlet or provide any other information besides your name!
With this, the government has initiated the telecom reforms announced by the Union Cabinet on September 15, 2021
The KYC process is a lengthy one, but it’s necessary to establish trust between customer and provider. Subscribers need original documents of their identity in addition to proof that they live at this address before being able to access certain features on our network. Aadhaar-based KYC will help to expedite this process for new and existing customers.
Aadhaar based e-KYC
UIDAI, an India-based company has introduced an innovative e-KYC process for mobile connections. The new system allows TSPs to charge only RS 1 per customer authentication and provides them with less paperwork as well as digital information from which they can verify all necessary details about their clients without having any problem or delay in getting approval instantly!
OTP-based Prepaid-Postpaid Port
With the introduction of OTP-based authentication, you can now convert your mobile connection from Prepaid to Postpaid and vice versa. All that is required for this process are two factors:
1) A valid phone number
2) An unlocked sim card!
Self-KYC
Customers can now apply for their mobile connection from the comfort of home or office through an online process. They will be able to get it delivered by mail with all documents verified via UIDAI, DigiLocker, and the Ministry Of Communications database!
Conclusion
Aadhaar-based KYC is a convenient and hassle-free way to get your mobile phone connection activated. It is also a more secure method of authenticating your identity, as it uses your biometric details to verify your Aadhaar number. This process is also faster and easier than the traditional KYC process, which requires you to submit physical documents and visit a telecom operator’s outlet.
FAQ
1. What is Aadhaar-based KYC?
Aadhaar-based know your customer (KYC) is a process of verifying the identity of a mobile phone user using their Aadhaar details. This process is used by telecom operators to comply with the KYC norms set by the Telecom Regulatory Authority of India (TRAI).
2. How does Aadhaar-based KYC work?
Under the Aadhaar-based KYC process, a mobile user has to provide their Aadhaar number and biometric details, such as fingerprint or iris scan, to the telecom operator. The operator will then verify these details with the UIDAI database to authenticate the identity of the user. Once the Aadhaar-based KYC process is complete, the user will be able to activate their mobile phone number and use it for making calls, sending texts, and using data services.
3. Why is Aadhaar-based KYC necessary?
The Aadhaar-based KYC process is a more convenient and hassle-free way to get your mobile phone connection activated. It is also a more secure method of authenticating your identity, as it uses your biometric details to verify your Aadhaar number.
4. How is Aadhaar-based KYC different from traditional KYC?
The traditional KYC process requires you to submit physical documents and visit a telecom operator’s outlet. Aadhaar-based KYC is a more convenient and hassle-free way to get your mobile phone connection activated. It is also a more secure method of authenticating your identity, as it uses your biometric details to verify your Aadhaar number.