We work hard to ensure everyone who uses ZWITCH gets the best experience. Every day we take small steps towards developing new products, enhancing existing features, and improving the performance of our system. We also fix (the occasional) bug in the system.

Below is a list of new feature releases, product improvements, and bug fixes we made in October 2022.

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Note

• Except for breaking changes, all other changes are backward compatible.
• Currently, we work on a daily release cycle. We push changes to the production environment as they are developed. However, we will notify you about breaking changes, new feature releases, and major enhancements via email before they are released.

New Features

Below is a list of new features we released in October 2022.

Verification Suite

We have introduced the following features to help prevent fraud and identity theft.

1. Name Verification
2. Check CKYC Registration
3. Photo Verification

Name Verification

You can now automatically compare an individual’s name in the Aadhaar and PAN databases using our Name Verification API.

The API lets you know how closely the names match by returning a match percentage. You can automate the next steps in your workflow based on the match score returned.

Refer to our Name Verification documentation for more details.

Check CKYC Registration

You can check if an individual is registered in the CKYC database using our API.

Refer to our CKYC Registration documentation for more details.

Photo Verification

You can now compare an individual’s photo with their photo in the Aadhaar or CKYC databases using our Photo Verification API.

The API lets you know how closely the names match by returning a match percentage. You can automate the next steps in your workflow based on the match score returned.

Refer to our Photo Verification documentation for more details.

Below is an overview of the feature.

Compare against Aadhaar Database

1. First, you need to ask the individual to verify their Aadhaar.
2. Next, ask the individual to upload their photo on your application.
3. You can use our Photo Verification API to compare the 2 photos.

Compare against CKYC Database

1. First, you need to check if the individual is registered in the CKYC database. You can do this using our Check CKYC Registration API.
2. Next, ask the individual to upload their photo on your application.
3. You can use our Photo Verification API to compare the 2 photos.

Dashboard

Download Reports

You can now generate the following reports from your ZWITCH Dashboard.

• Payments: Details of all payments made from all accounts linked to your ZWITCH workspace.
• Transfers: Details of all transfers made from all accounts linked to your ZWITCH workspace.
• Statements: Details of all debits and credit entries for all accounts linked to your ZWITCH workspace.
• Beneficiaries: Details of all beneficiaries added to all accounts linked to your ZWITCH workspace.
• Accounts: Details of all accounts created from your ZWITCH workspace.

After generated you can either download them or send them to an email address linked to your ZWITCH workspace.

Refer to our Download Reports documentation for more details.

Enhancements

Below is a list of improvements we made in October 2022.

Accounts

New Parameter - Current Account Only

We have added a new parameter to the current account API request.

• source_of_income: Applicant’s source of income.

Below is a sample of a new enhanced request and response of a current account API.

{
  "type": "current",
  "name": "Anil Reddy",
  "mobile_number": "9101271988",
  "email": "[email protected]",
  "title": "mr",
  "metadata": {
    "some_data": 12345
  },
  "bank_name": "sbm_bank",
  "kyc": {
    "business_type": "individual",
    "pan_verification_id": "pan_1QFKqCVeqoX09cdYg55jQ5epv",
    "aadhaar_verification_id": "adh_FB3qe64E4vyBR09xYsT62dx9J",
    "ckyc_verification_id": "ckyc_y60V1ZWa4oVpShsisqTf03asd",
    "photo_match_id": "phm_r3uI21d6kzAWtPQB6C1ctyPPy",
    "name_match_id": "nm_joLCtvh0X9gNXwE",
    "mother_maiden_name": "Indira M",
    "marital_status": "married",
    "income": 1234567,
    "occupation": "student",
    "business_category": "computer_software",
    "source_of_income": "others"
  },
  "nominee": [
    {
      "name": "mamta",
      "relation": "father",
      "address": "indiranagar",
      "city": "bangalore_urban",
      "postal_code": 560037,
      "state_code": "KA",
      "date_of_birth": "1990-10-10"
    }
  ],
  "documents": [
    {
      "type": "customer_photo",
      "id": "doc_AP72D4ZDajI4XIoDd2EWgFSVD"
    }
  ],
  "addresses": [
    {
      "type": "communication",
      "address": "sarjapur",
      "landmark": "near RGA",
      "city": "bangalore_urban",
      "state_code": "KA",
      "postal_code": "560010"
    }
  ],
  "device_data": {
    "latitude": 12.9013,
    "longitude": 77.7048,
    "ip_address": "182.74.196.234"
  }
}