e-Wallet onboarding using PhilSys

Leading e-wallets, such as GCash and HelloMoney, utilize the Philippine Identification System (PhilSys) authentication for account creation and verification. Customers enter their details, such as name and date of birth, and complete a facial liveness check through the e-wallet mobile app. An e-wallet account is created upon successful identity verification. This enables fast, remote financial access for millions, such as those in remote areas.

Mode of Access
Online - self
Maturity level
Operational
Region
Asia - Southeast Asia
Country
Philippines
Sector
Financial services
Authentication Assurance Level
AAL 2

Key terms

Financial Inclusione-KYCKnow-Your-CustomerDigital onboarding

Sources

https://www.biometricupdate.com/202401/philippines-digital-id-registration-expands-to-more-remote-areas