ID Account Mapper
What is it?
Enables mapping of beneficiary IDs with bank account information for use cases such as payment of government-to-person benefits
Why ID Account Mapper?
Maintains a mapping of an ID and Financial Address
User login via any trusted digital ID
Self-service portal for update of account information
Standard APIs to query and update financial address
One ID mapped to 1 Financial Address
Multiple IDs may be added for the same user*
Bulk upload by Admin or Financial Service Providers (FSPs) such as banks, or Government Departments after authentication
For the system/ business user:
Each benefits delivery system eliminates the need to collect and store sensitive financial information
Minimises leakages due to incorrect information and middlemen
Drives new use cases such as salaries, pensions, and scholarships using the same G2P infrastructure
Avoids creating new accounts or fresh KYC processes by utilizing beneficiaries’ existing accounts
Eliminates the need for bilateral agreements with selected bank(s)
Reduces the TAT for benefits disbursement by minimizing the time between decision-making and implementation
Access to updated and accurate financial information
Reduces failure rates in benefits distribution
For the citizen:
Empowered to receive benefits in the account of their choice
Eliminates the need to create new financial accounts for each social benefits program
Timely receipt of benefits from eligible schemes
Direct receipt of money without any middleman, and hence no bribery
Easier sign up process for social protection programs with no need to re-enter financial information
Ability to self-update source account
Citizens can lead better lives with support from the govt - higher quality of life
Restores agency to citizens
What use cases can be powered?
Agriculture
Direct benefit transfer to farmers for fertiliser subsidies
Healthcare
Ministry of health sending childbirth allowance for pregnant women
Education
Merit-based tuition fee reimbursement for children from low-income groups
Climate
Energy subsidies for houses with rooftop solar
Social welfare
Direct benefit transfer for vulnerable sections after a natural disaster
For DaaS Cohort 1, OpenG2P SPAR is the ID-Account Mapper product made available.
Additional resources:
Experience centre:
Coming soon!
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