Why KYC Verification is Important:
When purchasing a domain and hosting plan OR Any other service from GlobeHost.com, customers must complete KYC (Know Your Customer) verification. This process is essential for complying with regulations and preventing fraudulent activities. We are partnered with Digio to conduct the KYC securely and efficiently.
Why is KYC Verification Required?
KYC verification is mandatory for all customers purchasing domains, hosting plans, or any other service from GlobeHost.com. This verification helps confirm the customer's identity and ensures that transactions are legitimate, protecting against unauthorized use and fraud.KYC verification is mandatory as per Indian law. So, please co-operate in verifying customer identity.
Reasons for KYC verification include:
Authentication of Identity: Verifying the identity of the person or organization purchasing services helps establish trust and reduces the risk of fraudulent activities, such as domain theft.
Prevention of Fraud: Collecting KYC documentation provides an extra layer of security, protecting both Globe Host and its customers from fraudulent transactions and identity theft.
Legal Compliance: Hosting providers are required to comply with various legal standards, privacy regulations, and data protection laws. KYC helps meet these obligations and mitigates potential legal risks.
Regulatory Adherence: Adhering to KYC regulations helps prevent illegal activities such as money laundering and ensures that Globe Host complies with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
For more details on the applicable government regulations, please refer to the following links:CERT-IN Guidelines
Press Release on KYC Regulations
Consequences of Incomplete KYC Process:
Failure to complete the KYC process will result in your services being activated only after successful verification. For existing orders, it is also mandatory to complete the KYC process to prevent suspension of your services.
Completing the KYC process is a critical step in securing your domain and hosting services with GlobeHost. It ensures a safe and secure online environment for all users.
