Why is electronic wallet identification necessary?

Fingram 2026-02-25 0

Main objectives:

verification of the customer’s identity and prevention of fraudulent activities;

providing broader opportunities for using the electronic wallet (money transfers, cash withdrawals, etc.).

Forms of identification:

At structural units of financial credit institutions (traditional method) by presenting identity documents.

Remote identification without visiting a financial credit institution.

This process includes the following steps:

downloading the mobile application from Play Market or the App Store;

entering personal information, including first name, last name, phone number, and other details indicated in the passport;

uploading a photo of the document and a personal photo (selfie).

Advantages of electronic wallet identification:

the ability to perform money transfer transactions and withdraw cash;

an increase in the transaction limit up to 1,750 settlement indicators per day.