How can I use the PAN verification API for KYC?

1Answer

KYC or “Know Your Customer” is a process undertaken by businesses, especially financial institutions to obtain information about the identity of customers. One of the key documents required is PAN as the same is regarded as valid proof for the financial identity of a person/entity.

While onboarding vendors, delivery partners, or even employees, an organization needs to do a PAN verification. Using Cashfree Payments API, this process can be automated and integrated with existing company internal systems so that the verification process happens smoothly, without exposing the data to any third party.

 

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