Online KYC: A Game Changer for the E-Commerce Industry
It is compulsory for e-commerce platforms to meet the regulations so they can combat scams. They need to verify the identity of the sellers before onboarding. Effective identity verification ensures a legitimate business and enhances buyers’ platform trust. Online know-your-customer (KYC) helps e-commerce platforms eliminate fake products, fraud, and illegal activities. Internet shopping platforms are …