The Cabinet Committee on Economic Affairs has recently approved PAN 2.0 for enhanced security. Surepass introduces the PAN 2.0 Verification API to verify the PAN 2.0 details. This API checks details against the official database easily detects fake PAN cards, and minimizes the fraud risk.

How Does It Work?

Here is the simple overview,

Input: Upload the PAN 2.0 image in the API

OCR extraction: Our AI-based OCR will extract the details

Verification: The API will verify the details against the government database

Output: Valid status confirmation along with details like Full Name, PAN Number, Date of Birth, Phone number, and Address.

Use Cases

• Customer Onboarding: Banks and financial institutions can use this API during the KYC process for PAN 2.0 verification.
• Tax Compliance: Companies can use this API to verify PAN details for tax-related processes. It will ensure the accuracy of filling and compliance with regulatory requirements.
• Loan and Credit Approvals: The use of this API ensures the quick verification of PAN cards and reduces the time in the loan approval process.
• E-commerce Registration: E-commerce platforms can use this API to check the authenticity of vendors and prevent fraud.