Motor Vehicle Dealership KYC2021-07-24T05:16:02+00:00

Motor Vehicle Dealership KYC

Digitising The KYC Process

Motor Vehicle Dealership KYC
Motor Vehicle Dealership KYC

Motor Vehicle Dealership KYC

Digitising The KYC Process

Motor Vehicle Dealership KYC

Establishing A Digital Relationship

Motor Vehicle Dealership KYC. If you are a car dealership and assisting your customer to secure motor vehicle financing, you are an Accountable Institutions and are required to comply with KYC. Know-your-customer or KYC is the process required to verify your customers and the first step in establishing a digital relationship.

KYC laws are there to limit money laundering, terrorism funding and other illegal activities – motor vehicle dealerships are accountable institutions and required to comply with KYC regulations.

Customer experience is paramount, the KYC process can be completed digitally in the dealership or your customers can complete the process ahead of time seamlessly across all channels.

Motor Vehicle Dealerships

Identity-as-a-service Platform

The Contactable solution is a simple digital process giving you the ability to obtain the required consents, verify the customers identity, validate the address of your customer, conduct liveness tests and provide immediate customer feedback.

The platform connects and polls the relevant external databases required to validate all the relevant customer data. Our solution is convenient, accurate and fast – and built to provide your customer with the option to complete an e-KYC and is approved by all the lending banks.

Our AI identity-as-a-service platform also allows you to collect multi-modal biometric attributes such as face, voice, palm or print to be used as unique identifiers for later digital signing.

Contactable replaces slow and inefficient manual processes and can be customised to your own risk requirements and settings. It is API based and can plug into your existing CRM systems.

And the Contactable platform is capable of solving for federated ecosystems and multiple dealerships. Leading motor vehicle dealerships are using Contactable’s platform to ensure compliance and enhance the customer experience.

Motor Vehicle Dealership KYC

Establishing A Digital Relationship

If you are a car dealership and assisting your customer to secure motor vehicle financing, you are an Accountable Institutions and are required to comply with KYC. Know-your-customer or KYC is the process required to verify your customers and the first step in establishing a digital relationship.

KYC laws are there to limit money laundering, terrorism funding and other illegal activities – motor vehicle dealerships are accountable institutions and required to comply with KYC regulations.

Customer experience is paramount, the KYC process can be completed digitally in the dealership or your customers can complete the process ahead of time seamlessly across all channels.

Motor Vehicle Dealership KYC

Motor Vehicle Dealerships

Identity-as-a-service Platform

The Contactable solution is a simple digital process giving you the ability to obtain the required consents, verify the customers identity, validate the address of your customer, conduct liveness tests and provide immediate customer feedback.

The platform connects and polls the relevant external databases required to validate all the relevant customer data.
Our solution is convenient, accurate and fast – and built to provide your customer with the option to complete an e-KYC and is approved by all the lending banks.

Our AI identity-as-a-service platform also allows you to collect multi-modal biometric attributes such as face, voice, palm or print to be used as unique identifiers for later digital signing.

Contactable replaces slow and inefficient manual processes and can be customised to your own risk requirements and settings. It is API based and can plug into your existing CRM systems.

And the Contactable platform is capable of solving for federated ecosystems and multiple dealerships.
Leading motor vehicle dealerships are using Contactable’s platform to ensure compliance and enhance the customer experience.

Motor Vehicle Dealership KYC

Our Digital Identity Solutions & Industry Examples

We recognise that not all businesses run the same way, even in the same industries. Our Digital Identity Solutions are off-the-shelf ready and quick to configure to accurately match your specific requirements. We leverage our experience in building frictionless customer-centric identity solutions to assist you in achieving your desired business outcomes.

Leading companies throughout Africa and around the world in the Financial Services, Telco, Real Estate and Automotive sectors are using Contactable’s platform and associated products to ensure compliance and enhance the customer experience.

We recognise that not all businesses run the same way, even in the same industries. Our solutions are off-the-shelf ready and quick to configure to accurately match your specific requirements. We leverage our experience in building frictionless customer-centric identity solutions to assist you in achieving your desired business outcomes.

Leading companies around the world in the Financial Services, Telco, Real Estate and Automotive sectors are using Contactable’s platform and associated products to ensure compliance and enhance the customer experience.

Customer Digital
On-boarding

Use our API’s across all channels – Smartphone, Tablet, Web, BOT, Kiosk, USSD, agent and in-store – to automate your customer onboarding journey.

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Customer
Digital Identity

The customer’s digital identity corresponds to their real-world identity and facilitate digital authentication.

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E-KYC

Digitise your KYC and compliance. Let our AI driven platform take care of the complexity.

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Biometrics
Multi Modal

Pins and passwords are a thing of the past and cybersecurity is on the rise.

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Data
Integration

Access multiple data providers for different KYC requirements all from one platform.

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Digital
AI Orchestration

Bring all identity and KYC processes together in one place, configured for your unique requirements and risks.

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Company
Verification

Conduct juristic validation and director verification. Save time and remove the paperwork – digitise the process using our orchestration platform.

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Self-RICA
SIM Registration

Automate your sim card registration and activation whilst complying with legislation. Focus on your core business whilst we digitise the process.

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