LordPASS - eKYC Passport ID

Overview

LordPASS provides a non-face-to-face eKYC (electronic Know Your Customer) verification service that relies on the user's passport. This innovative solution is designed to streamline identity verification processes, making it easier and more convenient for individuals to sign up for various financial services, purchase goods, and claim tax refunds.

Service Eligibility

LordPASS is available to individuals, whether domestic or foreign, who hold a passport that can be used for identification purposes. This makes it an accessible option for a wide range of users looking for a seamless digital verification experience.

Key Services

Identity Verification for Financial Platforms

LordPASS offers non-face-to-face identity verification services for signing up to financial platforms integrated with LordPASS, such as Trip.PASS, a tourism finance platform designed for both domestic and foreign users. This allows for a streamlined sign-up process, enhancing user experience and security.

Duty-Free Purchases

At Shinsegae Duty-Free stores and Hyundai Duty-Free city locations, customers can use the LordPASS QR code to verify their identity for duty-free purchases without needing to present a physical passport. This feature simplifies the shopping experience, especially for travelers who may not want to carry their passports around.

Tax Refunds for Foreign Tourists

Foreign tourists can also utilize LordPASS for tax refunds at affiliated stores like CU and GS25 convenience stores when they make purchases over 15,000 KRW. The LordPASS QR code replaces the need for a physical passport, and as a bonus, eligible shoppers receive an instant discount of approximately 7% on their purchases.

Sign-Up Process

To register with LordPASS, users can follow these simple steps:

1. OCR Scanning: Start by uploading an image of your passport.
2. NFC Recognition: Next, use NFC technology to read the electronic passport chip.
3. Facial Recognition: Verify your identity through a secure facial recognition process.
4. Membership Information: Finally, enter your membership details to complete the registration.

LordPASS ensures that all personal data is securely managed using advanced technologies such as blockchain-based DID (Decentralized Identifier) and biometric authentication, providing users with peace of mind regarding their privacy and security.

Conclusion

LordPASS is a versatile and secure solution for eKYC verification, offering a range of benefits from simplified financial platform sign-ups to duty-free shopping and tax refunds. With its easy-to-use mobile registration process and robust security measures, LordPASS is setting new standards in the realm of digital identity verification.