The Surepass MSME Verification API allows businesses get comprehensive details of the business for verification. It helps reduce regulatory compliance and identify fraudulent companies. This solution reduces the risk of partnering with illegitimate companies and associated legal issues. The automatic MSME Certificate verification online boosts operational efficiency with the elimination of time-consuming manual verification.

How Does It Work?

Input: Enter MSME Registration Number.
API Processing: The API will fetch the database.
Output: Company ID, Name, Type, Category, Registration Number, Address, Date of Incorporation, Director Details, etc.

Use Cases

Supplier Verification for Business
Businesses can use this MSME Verification online solution to check the legitimacy of the suppliers. It will ensure that the supplier is MSME registered.
Loan and Credit Risk Assessment
Banks and financial institutions can use this API to check the legitimacy of the borrower company. It will help in reducing the risk of lending to fraudulent companies.
Insurance Underwriting and Claims Processing
Insurance companies can use MSME verification while underwriting. It will help in checking the risk associated with insuring an SME.
Online Payment Platforms
Payment Platforms can integrate this API for MSME Registration Verification. It will streamline the SME’s onboarding process and reduce the risk of fraudulent activities.
eCommerce Platforms & Marketplaces
eCommerce platforms can use this API to verify the MSME registration certificates that are going to be listed on the platform.