LULU Financial Service Provider Phils, one of the country’s leading financial services providers, has announced the rollout of a next generation e-KYC feature on its end-to-end digital payments solution, LuLu Money. The LuLu Money app, which is a firm favorite among overseas Filipino workers for its ease of use and convenience, will now no longer require new users to visit the company’s physical branches for registration.
Thanks to the new e-KYC facility, new users can simply upload their identification documents on the app and get their verification done online in the comfort of their home. The entire process is simple, quick and hassle-free, allowing registered users to then start sending money through the app to their loved ones back home. The e-KYC feature enables new users to register themselves on the app itself and start using the Lulu Money Mobile eWallet application instantly.
Adeeb Ahamed, managing director of LuLu Financial Group said, “The launch of the e-KYC service is an important addition to our vision to innovate value and inspire experiences in the financial services sector. We remain committed to bridging the gap between technology and our consumers, and the introduction of e-KYC will make the entire payments process 100 percent online. This move will be a big boost to user experience and make it a lot easier for new users looking to transition to LuLu Money, for their cross-border payment needs.” The new feature signals the group’s intent to become a much needed Fintech proposition in the APAC market.