Why Is Driver License Verification Important For Businesses

Why Is Driver License Verification Important For Businesses?

The driving license is an administrative document that gives the right to a person to legally drive a vehicle on public roads. A driving license not only authorizes an individual to legally drive on public roads but is also used as proof of identity, age, and address in non-driving contexts. It is an equivalent of other forms of personal identification documents like Aadhaar cards, passports, PAN, Voter IDs, etc. 

But with the advent of time, counterfeiters/fraudsters are becoming smart as they are utilising duplicate/forged driver licenses to dodge the identification process. A driving license is one of the most easily forged documents. 

Rise of Fake/Duplicate Driving Licenses

Government data estimates that every third driving license in India is a fake document. The Road Transport and Highways Minister – Nitin Gadkari said in Parliament that about 30% of driving licenses in India are fake. Out of 18 crore driving licenses, an estimated 5.4 crore of them fall under the “bogus” category.

Fake or duplicate driving licenses can lead to a substantial increase in identity theft causing an imminent threat to a business’s reputation and financial assets – especially in industries such as Shared Mobility, Delivery & Logistics, Transportation, and much more. It is difficult to identify spurious and falsified driving licenses with the naked eye.

 

AuthBridge’s Driver License Verification API for Identification

Carry out real-time and seamless dl verification processes with AuthBridge’s driver license verification API. Provide the image Driving License or DL number as input to fetch instantaneous verification responses for the following data points.

  • Name and image of the individual
  • DL number
  • DOB, age, and gender
  • Category and type of vehicle authorized
  • Issue and expiry timeline
  • Address of the individual
  • Issuing RTO Details

Screen out false licenses/underage drivers and help onboarding genuine customers, employees, drivers, and other third parties.

 

Top reasons to get AuthBridge’s Driver License Verification API

  • Seamless Integration: Businesses often struggle with manual verification paperwork during high-volume recruitments and onboarding. Our industry-leading APIs will ensure seamless integration with your existing workflows and processes and speed up your onboarding process.
  • Onboard new drivers/renters in a few seconds: You need to onboard individuals with a valid driving license especially when you are onboarding drivers or vendors for your mobility, and logistics-related businesses. DLs should be authentic and should have not crossed the expiry date. Our verification APIs extract details of the vehicle/driver from DL and check the driver’s license status for seamless verification.
  • Safeguard your business from illegitimate drivers: Any individual sitting in the driving seat must possess a valid DL as with ‘driving’ also comes a sense of responsibility. Our Driver License Verification API helps businesses filter out bad actors, underage drivers, and fake/forged DLs before renting out a car, bike, or recreational vehicle.
  • Real-time verification: The turnaround time of the API is very low, assuring real-time and instant verification of driving license. With our instant DL verification API, you just need to enter the details of the DL or simply upload a photo of the DL. The OCR will extract the data and validate it with government databases in real-time.
  • Protection against identity frauds: Validate the authenticity of customers, employees, and third parties and detect document fraud and identity theft. Mitigate financial and reputational risks when onboarding drivers, delivery partners, vendors, renters, merchants, etc.
  • Plug and Play APIs: Our industry-leading APIs ensure seamless integration with your existing workflows and processes
  • Comply with regulations: Stay compliant with regulations i.e. KYC (Know Your Customer), AML (Anti-Money laundering), CFT (Counter-Terrorist Financing) Directive, GDPR (General Data Protection Regulation), etc.

AuthBridge is India’s largest authentication and background verification company. If you are interested in our Driver’s License verification API or any other verification solutions for your business, share your contact details below.

Why Udyam Verification is Important Before Onboarding MSMs

Why Udyam Verification is Important Before Onboarding MSMs

Onboarding reliable micro, small, and medium enterprises (MSMs) always keeps you on the right side of the law. The companies who have completed their MSME registration process are issued an Udyam certificate. This helps in verifying the identity of any business as a micro, small, or medium enterprise.

Classification of MSMs

With the new process, a company is now classified based on various factors into three types, which are:

  • Micro enterprises: The companies whose total investment does not go above 1 crore rupees and total turnover is not more than 5 crore rupees.
  • Small enterprises: The companies whose total investment is not more than 10 crores and the turnover is not more than 50 crore.
  • Medium enterprises: The companies whose total investment is not more than 50 crores and the turnover is not more than 250 crores.

 

What is Udyam Verification?

Make your onboarding process safer, faster, and smarter by verifying the legitimacy of the MSME merchants operating in the manufacturing or service sectors, on your platform.

With AuthBridge’s Udyam Verification API, you can now seamlessly onboard merchants knowing that the merchant exists, is genuine and is authorized to partake in the manufacture or service sector by the Ministry of MSME.

Some of the top benefits are discussed below:

Our Udyam Aadhaar Verification API helps identify, extract, and validate the information available on the Udhyam certificate/Udyog Aadhaar of enterprises for reliable verification and the fastest onboarding of merchants and enterprises.

  • Combat Risks and Frauds: Mitigate financial and reputational risks by eliminating fraudulent merchants or enterprises at the start of the onboarding process. Verify information with Government databases and confidently onboard MSME merchants or entities on your platform.
  • Fastest Onboarding TAT: Our tech-driven solutions minimize time spent in manual reviews or filing onboarding forms. Our solution will help you reduce TAT by up to 80% making your onboarding process faster than ever before. This means accelerating your organization’s go-to-market speed and scaling up faster with reduced operational costs.
  • Easily Integrable: Our industry-leading APIs ensure seamless integration with your existing workflows and processes.
  • Real-time verification: The turnaround time of the API is very low, assuring real-time and instant verification.
  • Robust Data Privacy: Ensures data privacy of Aadhaar holders in order to prevent any misuse of sensitive information and fraud.

How does our Udyam Verification API work?

As soon as you provide a Udyam Aadhaar number as input, you will receive multiple data points that help you identify and mitigate the risk of the merchant.

  • Name of the merchant
  • Registered business address
  • Activity the merchant is involved in
  • Period of validity of the Udyam Aadhaar number
  • Type of merchant (micro/ small/ medium)
  • The social category of the merchant

Where can it be used?

  • Lending: To make profitable lending deals and prevent unreliable borrowers from damaging their financial standing, it is important to filter out fraudsters. Verifying businesses/entities with a high risk of fraud becomes paramount – especially in banking, finance, and retail. The Udyam certificate verification API helps lending institutions validate the authenticity of the enterprises and reduce the risks associated with financial and reputational damage.
  • Merchant/Business Partner Onboarding: For any e-commerce or aggregator companies to onboard MSME merchants or entities on their platform, the Udyam Aadhaar verification assures the businesses that they are dealing with a genuine business partner that would not cause unforeseen risks or threats in the future.

AuthBridge is India’s largest authentication and background verification company. If you are interested in Udyam verification or any other verification solutions for your business, share your contact details below.

Want to Verify More GST Numbers?