The system provide such services as single verification, batch verification, log inquiry, statistics and analysis, which are available for use 12 hours a day 7 days a week. At present, about 155,300 banking outlets connect to the system, while the rural credit union in remote areas could not gain access to the system because of technical problems.
Online verification refers to a process in which a bank uses the online verification system to verify a customer’s identity, including name, ID number, photograph, issuing authority and other information as noted in the citizen’s ID card. The basic method is that banks submit the name and ID number of the customer to the system for verification.