Electronic Identity Verification in Argentina

Early Developmental Stages
  • GDC covers over 85% of the addressable Argentinian adult population. 85%
According to a recent study commissioned by Argentina’s e-commerce agency, CACE, the sector experienced a 70.8% year over year expansion during 2015, reaching a total value of ARS 68.5 BN.
Although at the early stages of development, e-commerce in Argentina has been growing steadily and robustly over the past several years. The overall retail industry is emerging as well. With a propensity for consumer electronic spending, this sector along with other retail sectors is expected to grow over the next several years. There is also expected to be further saturation of retail into smaller towns and cities offering even more potential for retailer growth. Since Argentina’s financial crisis in the early 2000’s, the population has become untrusting of the banking system, leading to low levels of deposits in domestic institutions. However, the increased political stability as of late has started to remove interest rate caps, allowing for more (often riskier) lending and potentially leading to a credit-led boom. Because many Argentines lack formalized credit, such sources may not be sufficient to establish identity – one of the foundations of lending. GDC’s global electronic identity verification platform, Worldview, can help. Through our in-country data partners, we have integrated established sources of identity data from Argentina’s consumer opt-in programs, government, and telco sources into one point of access for businesses needing to verify customer, partner, or counterparty identities.

Verifiable Data Elements in Argentina

material-

Address

et-

Name

et-

Date of Birth

et-

National ID

fa-

Phone Number

Data Sources Available for Argentinian Identity Verification

With GDC’s Data as a Service model, all data is stored and maintained in Argentina in compliance with the local rules and regulations. The sources are independent reference data sets that are qualified for identity verification use cases, and they are reliably updated and maintained by GDC’s data partners. No personally identifiable information leaves the source databases in the process of verifying identities.

How Global Data Consortium Works

The GDC global identity verification platform integrates the best available data and verification intelligence curated from our dozens of in-country partners. Each partner maintains identity verification solutions in their home country, helping in-country clients solve a variety of business problems. They deliver the most reliable identity verification results because they speak the language, understand the regulatory environment, and offer local expertise. Before joining the consortium, partners are required to go through a thorough vetting process, and their data must pass rigorous testing before it is released to GDC customers. But once they qualify to participate, they are our true partners and a big part of the GDC difference.

Start Verifying Your Argentinian Customers Now