As more businesses move online, ensuring safety and compliance becomes increasingly important. This is where age verification services can help your business. By using solutions like KYCC and identity verification, you can help protect your business and your customers.
According to recent statistics, over 80% of internet users in the United States shop online. With so many people shopping online, it’s essential to get their age verified to ensure that they are legally allowed to buy your products. This is especially important if you sell age-restricted products like alcohol, tobacco, or adult content.
Age verification services can help your business in several ways. First, they can help you comply with federal and state laws that require you to verify your customers’ age before selling age-restricted products. Second, they can help you reduce the risk of fraud and identity theft by verifying your customers’ identity.
What is KYCC ?
It stands for Know Your Customer’s Customer and is a process that helps identity verification of a customer. This process involves collecting and verifying information such as name, address, and date of birth.is not a specific legal requirement in the United States, but it is a best practice followed by many businesses, particularly those in the financial services industry. The Financial Crimes Enforcement Network (FinCEN) issued guidance for financial institutions in 2016, emphasizing the importance of implementing a Customer Due Diligence (CDD) program, which includes verifying the identity of customers and their beneficial owners. KYCC can be a part of this CDD program and can help businesses comply with these regulations.
Online age verification is another crucial aspect of age checks..By using identity verification solutions, you can ensure that the person buying your products is who they say they are. This can help protect your business from fraud and keep your customers’ personal information safe.
Usage of identity verification solutions
- A survey conducted by the National Retail Federation found that 78% of retailers use age verification when selling age-restricted products online.
- According to a report by the United States Government Accountability Office, many states require age verification for the online sale of tobacco and alcohol, and some require it for other age-restricted products.
- A survey by Ipsos found that 84% of adults in the United States support age verification for online purchases of tobacco and e-cigarette products.
- A study by Javelin Strategy & Research found that 15.4 million Americans were victims of identity fraud in 2016, with losses totaling $16 billion. Age verification can help prevent identity fraud and protect businesses and consumers from financial losses.
- A survey by the Center for Digital Democracy found that 75% of consumers support the use of age verification for online access to adult content.
Importance of verifying age services
These statistics highlight the importance of age verification services in businesses that sell age-restricted products or provide access to adult content. Implementing age verification solutions can help businesses comply with state and federal laws, reduce the risk of fraud and identity theft, and protect the safety and privacy of their customers
Shufti pro : the Hero for age verification online services
Shufti Pro is a leading provider of identity verification and age verification services for businesses. Here are some of the features and benefits of Shufti Pro’s age verification services:
Automated Age Verification: Shufti Pro offers automated age verification solutions through its advanced technology that uses artificial intelligence and machine learning algorithms to verify the age of customers in real-time. This helps businesses comply with age-restricted product sales regulations and ensure the safety of minors.
Global Coverage: Shufti Pro offers age verification services in over 230 countries and territories, making it a global solution for businesses with a wide customer base.
Fast Verification: Shufti Pro’s verify age services are designed to be fast and seamless, allowing customers to verify their age in a matter of seconds. This ensures a smooth customer experience and reduces the risk of cart abandonment.
Advanced Technology: Shufti Pro uses advanced technology to verify customers’ age, including facial recognition, document verification, and biometric data analysis. This ensures the accuracy and reliability of age verification.
Secure and Compliant: are secure and compliant with international data privacy laws, including GDPR and CCPA. This helps businesses protect their customers’ data and maintain their trust.
Flexible Integration: can be integrated with a wide range of platforms and systems, including e-commerce websites, mobile apps, and payment gateways. This allows businesses to customize their age verification solution to meet their specific needs.
Overall, Shufti Pro’s age verification services provide businesses with a fast, reliable, and secure way to verify the age of their customers. With advanced technology, global coverage, and flexible integration options, Shufti Pro is an ideal solution for businesses looking to comply with age-restricted product sales regulations and protect their customers’ safety.