KYC

    Know Your Customer

    Fintech

    The mandatory identity-verification process for financial accounts, using documents such as PAN and Aadhaar, increasingly completed digitally through video or Aadhaar-based flows.

    Why it matters

    KYC is the gateway to every financial product; digital KYC collapsed onboarding from days to minutes and made low-value accounts economical to serve.

    Indian example

    Related terms

    Learn the concept

    Payments Landscape