Do
you have any doubt regarding Video KYC? If yes, then proceed further and get
every detail you want. In general, Video KYC is considered as the best Biometric Security System which is mainly designed
to become the substitute for all kinds of the process of physical verification.
To be frank, the video KYC is extraordinarily redefining the experience of
customer verification. The video KYC is mainly helpful for all kinds of
financial institutions and banks to verify customer identification via
validating the document details.
Process of Video KYC:
This
kind of process can be submitted via the video recording process. Mainly this
kind of process will be carried out by both mobile operating systems like iOS
and Android. At the time of interacting with the company representative via the
video recorder, the customer is needed to show their original documents like
PAN Card, Aadhaar card, Passport and Voter ID Card. This is mainly the new
facility of the Video KYC that looks very effortless at the customer side but
at the institutional level.
The
Biometric Attendance Software is very much
similar to this video KYC process. One can able to understand the factors
involved with the customer verification experience to understand the entire
process out there. From the above-mentioned scenario, now you have clearly
understood how Video KYC is redefining customer verification experience.
Benefits of Video KYC:
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In general, the video KYC mainly verifies individuals via making
use of the optical character recognition process and this process is done in
real-time.
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The whole process involved in this Biometric Devices is very much comfortable. When the customers have a tablet
and Smartphone with a better network connection then this process is
successful.
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More accuracy and also completely reduce the chances of human
errors in the most ultimate manner.
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The process of geotagging mainly provides an accurate result of
the customer location. Therefore wherever the customer goes, their details will
be tracked very easily.
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This kind of process is time-saving and cost-effective.
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It mainly supports various identity-related documents like PAN
Card, Aadhaar Card, Passport, and Voter ID Card.
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Reduces the submission of forged documents and risk of fraud
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The same video KYC will be used for more processes like applying
for credit cards or loans, opening a fixed deposit and much more.
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The onboard customers will mainly make use of the fast using
artificial intelligence.