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Aadhaar Card Verification: Why and How Businesses Verify Aadhaar Card

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Did you know that identity theft and fraud can cost businesses billions of dollars each year? With the rise of technology and digital information, it has become easier for criminals to steal and use personal information for their own gain.

In India, the Aadhaar card is a unique identification number issued by the government to its citizens. It contains biometric and demographic information, making it a valuable tool for businesses to Identity Verification of their customers and employees. Aadhaar card verification can help prevent fraud and identity theft, which can seriously affect businesses and individuals.

This article will explore the importance of Aadhaar card verification for businesses and how it can help prevent fraud and identity theft. We will also discuss the different methods of verification available and the benefits of using them. If you are a business owner or manager, this article will help you understand why Aadhaar card verification is crucial for your business and how you can implement it effectively.

Aadhaar card verification is crucial for confirming an individual’s identity and preventing fraud. It’s used for opening bank accounts, lending journeys, real money gaming withdrawals, third-party onboarding, and insurance journeys. With Aadhaar verification, these use cases become more secure and trustworthy.

It is one of the key practices that organizations use before onboarding the following:

  • Partner Onboarding (like delivery partners or gig workers)
  • Customer Onboarding (for KYC and AML in the case of financial institutions)
  • Supplier Onboarding
  • Merchant & Vendor Onboarding (across different industries)
  • Real money gaming players (for secured online money transactions)
  • Employee verification

What is the Aadhaar Card verification number? 

The Aadhaar Card verification number is used for proof of identity (or Identity Verification) and address in India. It is a 12-digit number assigned by the Unique Identification Authority of India (UIDAI). The number is unique and cannot be duplicated because it is linked to individual biometrics. Organizations can conduct Aadhaar Card verification to detect fake and ghost identities and take preventive actions during onboarding.

Aadhaar-based identification allows organizations to prevent duplicates and fake identities, ensuring that only legitimate individuals are involved in important business functions. The central Unique Identification database can be accessed anywhere in the country to confirm a beneficiary’s identity through authentication services.

Udyam Aadhaar Verification

Make your onboarding process safer, faster, and smarter by verifying the legitimacy of the MSME merchants on your platform. With Deepvue Udyam verification API, you can now verify and onboard merchants at scale without worrying about being associated with a fraudulent identity (as the Ministry of MSME authorizes them).

By providing your Udyam Aadhaar number, you can receive various data points that offer helpful information.

  • Name of the merchant
  • Registered business address
  • The merchant is engaged in an activity.
  • The Udyam Aadhaar number has a specific period of validity.
  • Identify the type of merchant based on size classification (micro, small, or medium).
  • Social category

In conclusion, Aadhaar Card Verification & Udyam Aadhaar verification is essential for any business looking to safeguard itself from fraud and identity theft. By verifying the identity of their customers and employees, businesses can ensure that they are dealing with genuine individuals and reduce the risk of financial loss and reputational damage.

So, if you haven’t already, implement Aadhaar Card Verification in your business today and enjoy the peace of mind that comes with knowing your company is secure.

At Deepvue.tech, we’re all about helping businesses succeed. We’re the leading customer insight and embedded finance enablement company specializing in Automated KYC, Enhanced Due Diligence Checks, and Risk-Based Underwriting. We’ve got you covered if you’re looking for Aadhar verification & Udyam verification solutions. Don’t hesitate to reach out to us โ€“ we’re here to help!

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