E KYC

KYC, which stands for ‘Know Your Customer’, must be a familiar term for any Indian who tried to get any utility connections like sim, LPG or open a bank account. KYC is a regulatory policy that has been developed and applied worldwide to curb identity theft, frauds and money laundering. Through a KYC form, details of the customer along with photocopies of valid government identity proofs are collected and stored in a database. eKYC is the electronic version of the KYC which is administered by the Unique Identification Authority Of India (UIDAI). Like the normal KYC, the idea of eKYC too is to verify the identity of an individual except that it is done online.

VODAFONE E KYC

M-pesaTM is an innovative mobile money digital wallet, which gives you the "power of money" on your mobile phone. It transforms your existing mobile phone into a bank account and gives you the freedom to transact and stay in control 24x7.

This service is brought to you by the world's largest telecom service provider, Vodafone jointly with ICICI Bank Ltd.

This service is brought to you by the world's largest telecom service provider, Vodafone jointly with ICICI Bank Ltd.

“We partnered with the Department of Telecom (DoT) to pilot the Aadhaar based e-KYC solution and tested it successfully in two circles,” Vodafone India, Director (commercial), Sandeep Kataria said in a statement.

vodafone will provide the wallet for any amount transfer to another account and his provided customer wallet for mobile recharge, DTH Recharge, electricity bill, money transfer, E-kyc & LIC Premium.