New SIM card rules: What mobile users need to know about changes in KYC and more
Starting today, December 1, 2023, the Department of Telecommunications (DoT) has put in place new regulations for SIM cards. These regulations require customers to update theirs KYC when purchasing a new driver’s license card, to have them SIM card dealers verified, and have abolished the provision for bulk connections. The government has implemented these new rules to combat online financial fraud.
New KYC rules for customers on purchase of new driver’s license cards
The new regulations require all individuals to undergo the digital Know Your Customer (KYC) process. If a customer is purchasing new SIMs or applying for a
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New KYC rules for customers on purchase of new driver’s license cards
The new regulations require all individuals to undergo the digital Know Your Customer (KYC) process. If a customer is purchasing new SIMs or applying for a