1. Streamlined User Verification: Mera eKYC simplifies and speeds up user identification and verification processes, reducing time and effort.
2. Enhanced Security: The application employs robust encryption and secure authentication methods, ensuring user data is protected against unauthorized access.
3. Cost Efficiency: By automating the KYC process, the application reduces the need for manual checks and paperwork, leading to significant cost savings.
1. **Data Privacy Concerns:** The Mera eKYC application raises significant data privacy issues, as users' sensitive personal information could be vulnerable to breaches and misuse.
2. **Technical Barriers:** It requires stable internet access and a compatible device, making it difficult for users in remote or technologically underserved areas.
3. **Verification Delays:** Inconsistent server performance can lead to delays and errors in the verification process, causing inconvenience for users relying on the service.
