Fraud and failed payments are a growing problem for the payments industry. Authorised push payment fraud, when consumers and businesses are tricked into sending money to criminals using either stolen or invented identities, is a particularly worrying trend.
Enable your customers to make payments as easily as sending a text message. The iPiD Fetch solution uses a alias addressing service that enables users to send cross-border payments to bank accounts based on a phone number or another alias, meaning they do not need to remember unfamiliar or complicated beneficiary banking details.
Our technology provides clients with the simplicity of a single API, all while ensuring the highest level of compliance with data security and localization requirements. By integrating with your existing systems, iPiD enhances your operations without the need for a significant overhaul.
At iPiD, we take data security seriously. Our no-data storage policy means we do not store any data. You can be assured of complete confidentiality and privacy when using our solutions.
We use a decentralized model where no data is visible or transformed in iPiD's central routing engine. This enhances security and promotes trust, proving our commitment to protecting the integrity of every transaction.
iPiD is independent from the payment rails used to execute transactions. You can consume our APIs as pre-transaction data services, while keeping full autonomy and flexibility in the way that you move funds across the globe.
We don't replace existing payment rails or systems, we enhance them. Join us on this journey to foster trust and confidence in the global financial ecosystem. Explore our partnership opportunities today.
Discover how iPiD can help your organization reduce costs associated with data errors, improve payee data quality, and ensure payments reach the intended recipients.