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Digital KYC offers a much faster solution as compared to traditional KYC. KYC, or "Know Your Customer," is essential for businesses to confirm who they are dealing with. Digital KYC Verification does this online, quickly and securely. Instead of asking for physical documents, it uses technology to verify information instantly. This might involve checking online databases, using facial recognition, or verifying documents through secure portals. This speed is a huge advantage, especially when onboarding new customers or processing online transactions. Digital KYC saves time for both businesses and customers, making the process smoother and more efficient.
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