Is it possible to verify my identity with a budget phone? Complete guide to budget phone identity verification
1. What is an economical phone?
Budget Phone is an MVNO (Mobile Virtual Network Operator) service that can be used at a cheaper price than regular mobile phone plans. There is the advantage of being able to use it at a low price while using the networks of the three telecommunication companies (SKT, KT, LG U+), but there may be some functional limitations.
2. Is it possible to verify my identity with a budget phone? 알뜰폰 본인인증
Yes, most types of identity verification are possible with budget phones. Since 2018, it has been legally stipulated that budget phone users can use identity authentication in the same way as users of the three telecommunication companies. You can use your budget phone identity verification for various services such as financial transactions, issuance of public institution documents, and membership registration.
3. How to verify your budget phone identity 윤과장의 소소한 일상 이야기
Budget phone identity verification methods can be broadly divided into two types.
Text authentication: This method involves entering the authentication number sent through a mobile phone text message. Although it is the simplest and most widely used method, it has the disadvantage of being somewhat less secure.
Public certificate: This method uses a certificate issued by a public certificate issuing agency. Although it is highly secure, it has the disadvantage of requiring a separate certificate issuance procedure.
4. Precautions when using budget phone identity verification
May be restricted in some services: Some financial institutions or public institutions may not support budget phone identity verification. It is important to check whether the service you want to use supports budget phone identity verification.
Internet connection required: Regardless of the method used, an internet connection is required for OTP (One Time Password) reception or certificate verification.
Be careful about security: When authenticating via text message, you must be careful not to reveal your authentication number to others. If you use a public certificate, you must keep it in a safe place and be careful not to lose it.
5. Problems that may occur when using budget phone identity verification
Authentication errors: Authentication errors may occur due to cell phone signal conditions or server issues.
Delay in receiving text messages: Receiving text messages may be delayed when verifying text messages.
Public certificate error: Authentication errors may occur if the public certificate is expired or damaged.
6. Inquiry regarding self-verification of budget phone
If you encounter any problems or have any questions while using your budget phone for identity verification, please contact the customer service center of the budget phone operator you are using.
7. Additional information on budget phone identity verification
For more information about budget phone identity verification, please check the Korea Communications Agency’s website (<invalid URL deleted>).
The website of the Financial Intelligence Unit (FIU) of the Financial Services Commission (<invalid URL deleted>) provides information on precautions and ways to prevent damage when using self-verification on budget phones.
8. Case of using budget phone identity authentication
Financial transactions: online banking, shopping mall payment, stock trading, etc.
Public institution document issuance: resident registration certificate, tax payment certificate, etc.
Membership registration: online shopping mall, community site, etc.
Public certificate issuance: Various electronic document signing and encryption tasks are possible using certificates issued by public certificate issuing organizations.
9. Advantages of identity verification on budget phones