Cashfree Payments, a digital payment solutions provider backed by SBI, has launched ‘KYC Link,’ a no-code verification system aimed at simplifying Know Your Customer (KYC) processes for businesses. This innovative solution enables easy verification via SMS, email, or WhatsApp and is touted as India’s first no-code verification solution. It eliminates the need for technical expertise, enabling businesses to swiftly implement KYC solutions and boost revenue from new users. According to Cashfree Payments, KYC Link, part of its Verification Suite, boasts a close to 99% success rate, a user-friendly interface to reduce drop-offs, and facilitates various verifications, including Bank Account Verification, UPI, PAN, Aadhaar, and more. The solution allows businesses to generate personalized KYC links, ensuring an enhanced brand experience, and supports processing over 10,000 verifications at once through Excel upload or API integration. Cashfree Payments, a dominant player in bulk disbursals in India, holds over 50% market share and operates globally in nine countries, including the USA, Canada, and UAE.
By FCCT Editorial Team

