iPiD announced that it will power payee verification for Triple-A, a Singapore-headquartered and Monetary of Authority of Singapore (MAS)-licensed digital currency payment institution.
By integrating iPiD, Triple-A ensures compliance with Europe’s upcoming Verification of Payee (VoP) requirements, while extending the same safeguards to payouts worldwide. This includes verifying payee details across on-ramp and off-ramp transactions between fiat and stablecoins, by strengthening fraud prevention and reducing the risk of failed or misdirected payments.
“Stablecoins are reshaping global payments, and trust in the rails is essential. We chose iPiD because they offer the only global solution for payee verification in markets where it is mandated, as well as a global account verification capability via the same integration. By adopting iPiD, we show Triple-A’s commitment to bring the same level of verification and compliance for fiat payments and digital currencies, ensuring that merchants, consumers, and financial institutions transact with confidence,” said Eric Barbier, CEO of Triple-A.
Damien Dugauquier,CEO of iPiD, added: “Triple-A’s adoption of iPiD proves that cross-border KYP isn’t just for banks, it’s also for digital-first providers who are bridging fiat and stablecoin payments. We believe that every payment should be pre-verified and this is just the beginning, we look forward to co-creating the next generation of payment security for digital currency transactions with like-minded partners as Triple-A. It also highlights Singapore’s role as a global hub for trusted payment innovation, where regulation and technology work hand in hand to set new standards.”
About Triple-A
Founded in 2017 and headquartered in Singapore, Triple-Ais a MAS-licensed digital currency payment institution enabling businessesworldwide to pay and get paid in digital currencies, including stablecoins andcryptocurrencies, with ease and compliance. Its solutions are trusted byenterprises, financial institutions, and payment providers seeking secure andregulated access to digital currency payments.
