Your Ultimate Shield Against Online Financial Fraud!
December 1, 2023, to combat online financial fraud and enhance security
Key Highlights of the New Regulations:
distributors to ensure they comply with KYC (Know Your Customer) norms.
distributors to ensure they comply with KYC (Know Your Customer) norms.
Elimination of Bulk Connections: Bulk issuance of SIM cards is prohibited.
Individuals can acquire up to nine SIM cards using a single ID,
while businesses can obtain SIM cards in bulk through a special connection.
making it more difficult for criminals to exploit SIM cards for illicit activities.
Overall, the regulations for new sim cards have been tightened
Learn more