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Is KYC necessary for Amazon pay?

Is KYC necessary for Amazon pay?

You will be required to provide requisite Know Your Customer (KYC) information/documentation to Amazon prior to completion of 24(twenty four) months or such other period as may be prescribed under applicable laws. However, you will be able to use the balance available in your Amazon Pay balance: Money account.

What are the benefits of KYC in Amazon pay?

4) During the Offer Period, customer who completes KYC verification shall be entitled to receive a flat cashback of Rs. 200 per customer during the offer period. 5) The cashback will be given be given in the form of Amazon Pay Balance (by way of Amazon.in Gift Cards issued by Qwikcilver), subject to these Offer Terms.

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Is it safe to do KYC on Amazon?

Amazon believes it has a secure form of storing information. In such cases, customers are requested to upload a scanned copy of their Aadhaar card on their Amazon.in account, which is a secure form of storing information,” its spokesperson said.

Is PAN card compulsory for Amazon KYC?

PAN card and a valid address proof are required for completing KYC. Valid address proof can be any one of the following: Passport. Voter ID.

What documents are required for Amazon KYC?

What are the required documents for KYC?

  • Passport.
  • Voter ID.
  • Driving License.
  • Aadhar Card.
  • NREGA job card.

What is KYC verification in Amazon?

KYC = Know Your Customer. KYC is the process used by a business to verify the identity of their clients and manage potential risks in the customer/user relationship.

How do I verify my Amazon KYC?

Steps to complete KYC on Amazon

  1. Step 1: Download Amazon app from Google play store.
  2. Step 3: Click on Amazon Pay option.
  3. Step 3: After that again click on ‘KYC’.
  4. Step 4: Upload KYC documents.
  5. Step 5: After uploading all the documents schedule appointment for document verification.
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What is minimum KYC required to open Amazon Pay Balance Account?

Minimum KYC detail, providing officially valid document number, is required to open Amazon Pay balance account with validity of two years. To continue using Amazon pay balance account you need to complete full KYC

What are the documents required at KYC verification for Amazon Pay ICICI?

Amazon pay icici bank credit card —Documents required at KYC verification 1.Aadhaar Card 2.Driving License 3.Voter’s ID Card 4.Passport”

Can I handover documents to any Amazon agent for KYC?

Do not handover copies of your documents in-person or over Whatsapp to any Amazon agent. ii. Your Amazon Pay KYC is completely free – do not handover cash to any Amazon agent for KYC completion. iii. The KYC process is owned by Amazon Pay, and we authorize third parties to only undertake the KYC document verification process on our behalf.

Who is the owner of the KYC process?

The KYC process is owned by Amazon Pay, and we authorize third parties to only undertake the KYC document verification process on our behalf. 5. How long will it take for my account to be upgraded? Doorstep KYC process takes around 3 days to complete.