Our architecture allows for flexible, plug-and-play integration.
Designed to meet the highest industry standards to protect businesses from fraud and compliance risks.
iPiD verifies payee details before a transaction is completed, strengthening the payment validation process by preventing impersonation scams, misdirected transfers, and fraudulent activity.
Our global validation services cross-check recipient data with global fraud databases and financial institutions, enabling businesses to validate payments with confidence and reduce exposure to growing financial crime risks. A robust payee validation system can help mitigate fraud exceed $7.6 billion by 2028.
Avoid transaction errors, failed payments, and chargebacks through instant payment validation. By ensuring accuracy up front, you significantly lower operational burdens and financial loss.
With fewer reversals and disputes, businesses can streamline reconciliation, reduce overheads, and validate payment data efficiently. Our solution eliminates redundant workflows and delivers significant ROI—especially in high-volume environments where the payment validation process needs to scale effortlessly.
Offer real-time payee validation embedded directly into user interfaces for wallets, fintech apps, and cross-border platforms. The result? Lower drop-off rates, higher trust, and faster onboarding.
As digital expectations rise, outdated systems no longer suffice. Our global validation services support embedded payment validation in mobile journeys, validating account and payee info in seconds, across any market.
Our architecture allows for flexible, plug-and-play integration.
Avoid fees from failed payments or rejections—bank account verification ensures success the first time.
Designed to meet the highest industry standards to protect businesses from fraud and compliance risks.
Protect payments from unauthorised transfers with real-time ID fraud checks and bank account verification. Our verification solutions prevent misdirected funds and help financial institutions combat rising scams—projected to exceed $7.6 billion by 2028.
Bring real-time payee validation directly into the customer journey, ensuring seamless, error-free transactions for users of wallets, fintech apps, and banks.
Powering next-generation payments, iPiD enables instant payee validation within digital wallets like Careem Pay, reducing failed transactions and improving trust.
Global validation refers to the process of verifying payee details before a transaction is initiated, ensuring that payments reach the intended recipient accurately and securely. This helps businesses prevent fraud and reduce misdirected payments.
Incorrect or fraudulent payee details can lead to payment failures, financial losses, and compliance issues. Validating payee information in real time helps financial institutions, PSPs, and businesses reduce fraud risks, improve transaction accuracy, and enhance customer trust.
Know Your Payee (KYP) is a critical layer of security in payment verification, similar to Know Your Customer (KYC). While KYC focuses on verifying the identity of customers, KYP ensures the recipient's details are accurate before a payment is made. This reduces unauthorised transactions and protects businesses from fraud.
Verifying payee information in global transactions provides several advantages:
While VoP and CoP focus on compliance within specific markets (Europe and the UK), Global Validation ensures payee verification on a global scale, helping businesses manage cross-border transactions securely. With an 85% banked population, particularly in key markets like India, the US, China, and the UK, businesses get access to a solution that verifies payees across multiple jurisdictions.
iPiD uses advanced encryption, secure APIs, and compliance with financial regulations to protect sensitive payment data.
Yes, iPiD provides instant, real-time verification to ensure payments reach the correct recipient securely.
