How to get your KYC verified Faster?

But why is it important to Know Your Customer or in this case our User.

Here at ShopperCoin, we pride ourselves in developing a user-friendly platform packed with amazing features that also caters users with cutting edge security.

What Is Know Your Customer (KYC)?

KYC or Know Your Customer is a process of verifying the identity of our users. The aim of the KYC is to protect you from fraud and losses due to unauthorized funds and transactions. KYC enables us to understand the customer better and manage risks cautiously.

We are continuously working on making ShopperCoin’s features more robust and seamless, and soon, ShopperCoin will be integrated with financial components such as Peer 2 Peer Transfer as well. For us to provide our users with constant updates and offer full functionality, ShopperCoin has adopted KYC regulatory norms from the beginning.

Our KYC verification process contains three levels:

  • Level 1: On successful verification of mobile number and email-id , you can take a snap of your receipts and earn coins.
  • Level 2: You have to verify your identity. On successful verification of documents at this level, you can buy items from the store.
  • Level 3: Once you verify your address successfully, we can deliver the items purchased from the store to your location.

How To Successfully Verify KYC?

The important thing is to make sure all the required documents you upload, match the information such as name, address, and your photo.

Each document you upload should be unique, i.e., do not upload the same KYC document for identity and Address verification.

The documents that you upload for Identity and Address verification needs to be issued by the State, National Government or any reputable Private organization.

Recommended Documents For Your Identity Verification:

  • Driving Licence
  • Passport/Passport Card

Recommended Ways For Selfie Verification:

  • Ensure that you take a selfie in a well-lit environment
  • Try to have the selfie as similar to your photo presented on any of the KYC documents

Recommended Documents for your Address Verification:

  • Passport/Passport Card
  • Driving Licence
  • Utility Bills
  • Bank correspondence Letters that mention your name and address

So by following the above procedures, you can successfully complete KYC process of your ShopperCoin account.

If you have questions or would like to discuss this, please get in touch with us at [email protected]

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