New Delhi, June 12 -- Cashfree Payments' verification and risk arm, Secure ID, has launched a next-gen AI-powered, multilingual Video KYC (VKYC) platform aimed at simplifying and accelerating digital onboarding for financial institutions across India. Designed to reduce drop-offs and boost user conversions by up to 80%, the RBI-compliant solution supports onboarding in low-bandwidth environments, includes live AI translation in over 20 regional languages, and is mobile-first, compatible with over 10,000 devices.

Traditional KYC journeys often result in high user abandonment due to lengthy forms, long wait times, and non-intuitive interfaces. Cashfree's VKYC changes that with a mobile-first, AI-assisted onboarding journey that reducespre-...