SWIM Digital ID
SWIM ID – your global digital public/private crypto-keys based ID
Self-registration KYC leads you through providing your name, address proof, date-of-birth, national government ID or passport or driving licence, e-mail, SMS OTP, etc. You can set your own PIN and biometrics supported by your smartphone for your SWIM ID (Software Wireless Identity Module Identity). You will undergo KYC and AML checks in near real-time to be activated within typically 10 minutes.
Your mobile device is bound using the phone’s unique identity such as IMEI and the IPosUp wallet app is unlocked using your unique SWIM ID and your associated user SWIM PIN or biometrics. Hence by the use of SWIM ID public/private keys, we achieve a security characteristic of PKI-2FA (Public Key Infrastructure with 2-Factor strong Authentication) compliant to RBI (India Digital Signature Law) or PSD2 (UK and EU Payment Service Directive 2).