SalarySe Overview and Modules
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Questions and Answers

What is the main purpose of requiring certain permissions during the onboarding flow?

  • To enhance marketing strategies
  • To validate personal details and for KYC purposes (correct)
  • To allow users to create multiple accounts
  • To ensure data is shared with third parties
  • How does the CKYC initiative benefit the onboarding process?

  • It provides all relevant KYC information in one place. (correct)
  • It introduces additional layers of consent for data sharing.
  • It allows users to skip KYC completely.
  • It minimizes the amount of data collected from users.
  • What is NOT a purpose for which the required consents are used?

  • To improve customer service metrics (correct)
  • For account creation and KYC
  • To validate your personal details
  • To ensure a secure onboarding flow
  • How is the safety of user data emphasized in the information provided?

    <p>User data is exclusively used for onboarding and KYC, not shared externally.</p> Signup and view all the answers

    What does CKYC stand for?

    <p>Central KYC (Know Your Customer)</p> Signup and view all the answers

    What distinguishes the DAS and NON-DAS modules in terms of data handling?

    <p>DAS modules handle data associated with specific organizations.</p> Signup and view all the answers

    Which of the following best describes a key aspect of the onboarding journey?

    <p>It includes multiple steps that may involve direct communication.</p> Signup and view all the answers

    Which statement is true regarding data accuracy in applications relevant to the modules mentioned?

    <p>Accurate data is critical for effective functioning of the DAS modules.</p> Signup and view all the answers

    What is a notable characteristic of the partners classified under DATA with DAS?

    <p>They include well-known organizations.</p> Signup and view all the answers

    In which way does the onboarding process primarily affect the use of data in applications?

    <p>It helps establish protocols for data accuracy and access.</p> Signup and view all the answers

    Study Notes

    About Us

    • Introduction to SalarySe and its core features.

    Onboarding Journey

    • Structured onboarding process divided into multiple stages.

    Modules

    • SalarySe is developing two repayment modules: DAS and NON-DAS.

    DAS Module

    • Specific features and functionalities not detailed.

    NON-DAS Module

    • Specific features and functionalities not detailed.

    Partners

    • Partnerships categorized into Banking, Lending, and Data-focused entities.

    Types of Partnerships

    • Banking Partners: Details unspecified.
    • Lending Partners: Includes unnamed organizations.
    • Data with DAS: Collaborations with companies such as Bombay Shaving Company, Neemans, Synoriq, Tranzact, TFT, and Inshorts.
    • Data with NON DAS: Details unspecified.
    • Non Data with NON DAS: Partnership with companies like Wipro and Coca-Cola.

    List of Products

    • Information regarding required consents is outlined to ensure a secure onboarding flow.
    • Assurances that collected data will only be used for account creation and KYC validation, with a strong emphasis on privacy and safety.

    CKYC

    • CKYC stands for Central KYC, initiated by the Government of India, streamlining the onboarding process by consolidating KYC data.
    • SalarySe utilizes digital platforms like Digilocker to verify identities and documents efficiently.

    Digilocker

    • Digilocker is a government initiative under the Digital India project for document storage and credential verification.
    • Users can store important documents such as PAN cards, driving licenses, Aadhaar cards, and educational certificates securely.

    Document Verification

    • Digilocker will be leveraged to validate identity and perform KYC through document verification like Aadhar and PAN.
    • Issues with name mismatches during FD bookings must ensure consistency between Aadhar and PAN records for success.

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    Description

    Explore the essential features of SalarySe, including its structured onboarding journey and the development of DAS and NON-DAS repayment modules. Learn about the various partnerships with banking, lending, and data-focused entities, as well as insights into product offerings and data security.

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