eKYC, or electronic Know Your Customer, is a digital process that banks use to verify your identity quickly and securely. Instead of visiting a branch and providing physical documents, you can complete the KYC process online. You’ll typically upload photos of your ID documents, proof of address, evidence of income, and take a selfie for facial recognition.

This method is convenient, reduces paperwork, and speeds up account opening or other banking services. It also enhances security by using advanced technologies to ensure the authenticity of your documents and identity.

To complete the eKYC process you will need to download the ShareRing Me app, create an account using a valid email address, and add a valid ID.

For the purpose of NCBA eKYC a valid passport is required as your first ID.

You can then add your documents such as an image of your most recent utility bill for Proof of Address, as well as a photo of a recent invoice, contract or salary slip for Evidence of Income.

ShareRing Me

ShareRing Me is a Mobile application that provides Self-Sovereign Digital Identity technology to its users. As a ShareRing Me user, you can can create a digital identity that lets you verify your identity with businesses that use ShareRing Link. Whenever a business needs to verify your identity, they provide a QR code that you scan, the code triggers a request for information in the ShareRing Me app and you can approve or decline the request from your phone.

About ShareRing
ShareRing is a Digital Identity Service Provider (IDSP) focused on developing Self-Sovereign Identity (SSI) solutions and institutional grade verification technology to enable friction-less interactions between businesses and their customers to give users control over their digital identity and simplify the process for businesses verifying customer’s identities.

For more information on ShareRing or the ShareRing Me app, please visit: https://sharering.network/sharering-me

A self-sovereign digital identity app allows individuals to manage and control their own digital identity securely and privately. Here are some key uses:

• Identity Verification: You can use the app to prove your identity online or in person without sharing more information than necessary, enhancing privacy and security.
• Access to Services: The app can facilitate access to various services, such as banking, healthcare, government services, and e-commerce, by providing verified identity credentials.
• Credential Management: Store and manage digital versions of important documents, like your driver’s license, passport, or academic certificates, and share them selectively with trusted parties.
• Authentication: Use the app for secure logins to websites and applications, replacing traditional usernames and passwords with more secure and convenient authentication methods.
• Consent Management: Control and manage consent for how your personal information is used by different organizations, enhancing your privacy and data protection.
• Transaction Approval: Authorize financial transactions or agreements digitally, ensuring that your identity and intent are verified in a secure manner.

Overall, a self-sovereign digital identity app empowers you to take control of your personal information, improve security, and streamline interactions with various services and organizations.

Data added to the app is stored securely on your phone in an encrypted vault, and only exchanges hands when you complete the KYC process.

Data collected during the eKYC process is securely transmitted, encrypted and stored within secure databases at our data centers.

When you submit your KYC data to NCBA, only our staff with permission to view your KYC information can see your data.

In the event your device gets stolen, lost or damaged, you can restore the data stored in your vault by following the restoration process after you have redownloaded the app. For this to work you must have backed up your data to the cloud (e.g. Google or iCloud) and will be prompted to do some by the app. It is recommended that you complete the backup process as it is quick and easy.

To do so, simply load all your required documents, then go to “Settings” – Back Up Vault as well as View Recovery Phrase (you will need to securely store you recovery phrase in order to decrypt the encrypted data during the restoration).