Buy Now Pay Later (BNPL) is growing rapidly due to customer demand, but online fraudsters pose a significant threat to today's providers. Discover why identity verification can ensure a swift, seamless, and secure process for businesses and customers.
As a result of customer demand, the Buy Now Pay Later (BNPL) sector is set to grow astronomically within the new few years. However, this attracts the attention of online fraudsters, endangering businesses and customers. Discover how identity verification offers the key to optimizing BNPL processes, minimizing the risk of harm.
A 98% check automation rate gets customers through in about 6 seconds.
Real-time end user feedback and fewer steps gets 95% of users through on the first try.
An unmatched 10K+, and growing, government-issued IDs are covered.
Up to 30% more customer conversions with superior accuracy and user experience.
Veriff’s data-driven fraud detection is consistent, auditable, and reliably detects fraudulent forms of identification.
Veriff’s POA can grow with your company’s needs and keep up with times of increased user demand.