Leveraging our deep experience in global payments and payee verification, iPiD aims to close the trust gaps that appear before money moves. The Visa Accelerator Program provided an ideal platform to advance this vision in demonstrating how payee verification can strengthen payment experiences and make payments safer for everyone. — Damien Dugauquier, Co-founder & CEO, iPiD
About
Visa
Visa Direct enables banks, fintechs, businesses and governments to transform the way they move money, all through a single platform.
With global expertise in money movement, Visa Direct provides a streamlined solution to address the complexities of domestic and cross-border transactions and currency management.
iPiD and Visa Direct recognised the need for stronger pre-transaction verification to ensure money reaches the right person, every time.
What began through the Visa Accelerator Program has evolved into ongoing collaboration exploring new ways to enhance trust, identity assurance, and secure money movement across digital payments.
The challenge
Instant payments are growing faster than the industry's ability to verify who is recieving the money. Globally, fraud, misdirected payments, and identity-based attacks continue to rise as payment speeds accelerate. Regulators are responding with new requirements (e.g., VoP in the EU, CoP in UK and Australia), and networks are looking for ways to strengthen identity assurance without adding friction.
Traditional identity checks were not designed for real-time, cross-border, multi-rail environments, creating gaps that expose consumers, businesses, and financial institutions to risk.
iPiD and Visa recognised the need for stronger pre-transaction verification to ensure money reaches the right person, every time.
The solution
Through the Visa Accelerator Program, Visa and iPiD came together to examine how real-time verification and identity assurance can be embedded into emerging payment flows for payouts, cross-border transfers, and embedded finance experiences. This work aligns with Visa’s mission to make payments safer and more reliable, and with iPiD’s vision to bring Know Your Payee (KYP) to every transaction worldwide.
Shaping the Future of Trusted Digital Payments with Visa
iPiD’s participation in the Visa Accelerator Program reinforces the growing importance of payee verification and identity assurance in modern payment experiences. By collaborating with Visa’s innovation teams, iPiD demonstrated how secure, pre-transaction verification can support safer, more reliable journeys for consumers and businesses across the globe. This collaboration highlights iPiD’s role as a trusted technology contributor as the industry moves toward real-time, verified payments.
