Mobile wallets & digital banks
Your user transfers seamlessly delivered
Benefits of payment verification for mobile wallets and digital banks. Instantly verify account holders to eliminate failed transfers and protect your community from payment fraud while maintaining a sleek, frictionless user experience.
The digital banking imperative
For digital banks and mobile wallets, every failed transfer is a reason for a user to switch back to a traditional incumbent. To grow your active user base, you must remove the “fear of the first transfer” and ensure every payment reaches its destination without manual intervention.
- Transfer anxiety and churn
Users often hesitate to send significant amounts to external accounts due to the fear of entering incorrect details. This friction slows down platform adoption and leads to lower transaction volumes across your ecosystem.
- Social engineering and fraud
Digital-first platforms are frequent targets for Authorized Push Payment (APP) fraud, where users are tricked into sending money to fraudulent accounts. Without real-time name matching, your platform remains vulnerable to these sophisticated scams.
- Fragmented global reach
As you scale internationally, verifying accounts across different banking systems becomes an operational nightmare. Providing a consistent, high-quality transfer experience in every market requires a unified data layer that works across borders.
Build a borderless banking experience
One verification layer
Americas, Asia, Africa, and Europe via a single API.
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Eliminate “wrong-account” errors
Provide users with instant confirmation of the recipient's name before they hit send, ensuring every transfer is accurate and stress-free.
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Prevent payment fraud in real-time
Flag account mismatches and suspicious recipients automatically, protecting your users and your platform's reputation from the rising tide of payment scams.
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Scale globally with a single API
Access a global network of verified bank data through one integration, allowing your neobank to offer reliable cross-border transfers as a core product feature.
One check, three verdicts
Frictionless validation for modern banking. Enhance your app's payment flow with real-time “Match” confirmation that removes the anxiety of sending money to new contacts.
You send name and account
Your app calls IPID with the recipient's name and account before the user hits send.
IPID checks at the source
IPID checks the name against the account's registered holder.
You act on the verdict
Match clears the transfer. Partial match shows the registered name so the user can correct it. No match stops a bad transfer before it leaves.
Reviews by industry leaders
Enhancing the Careem Pay experience
“We're thrilled to partner with IPID to provide our customers with an added layer of security and simplicity when making international transfers. Customers need to be reassured that they're sending money to the right person, and the new ‘Breeze’ feature, powered by IPID will give them that reassurance.”
Ready to build the most trusted wallet on the market?
Eliminate transfer errors and provide your users with the seamless, secure experience they expect from a digital-first bank.
- First-time recipients
- P2P transfers
- External bank transfers
- International sends
- Saved payee edits
- In-app payment flows
How much could your organization save? Try the ROI calculator
Questions neobanks ask first
How does IPID help with user retention for digital banks and mobile wallets?
Failed or delayed transfers are a major cause of user churn. By ensuring account details are correct before a transaction starts, you provide a smooth experience that encourages users to make your app their primary account for all transfers.
Can we use IPID to protect our users from social engineering scams?
Yes. IPID provides a real-time "Match/No-Match" indicator that alerts users if the name of the person they think they are paying does not match the actual bank account holder, helping to prevent Authorized Push Payment (APP) fraud.
Is the API fast enough to maintain our "instant" transfer experience?
Our API is built for high-performance digital platforms. Verification happens in milliseconds, ensuring that your users get the confirmation they need without any noticeable delay in the payment flow.
Does IPID help us scale to new international markets?
Definitely. Instead of building individual connections to local banking systems, you use a single API to access verified bank data across the Americas, Europe, Asia, and Africa.
How does this impact the "First-Time Transfer" experience?
The first transfer to a new recipient is often the most stressful for a user. IPID removes that friction by confirming the recipient's identity immediately, turning a high-anxiety task into a seamless interaction.
Can IPID verify accounts at both traditional banks and other neobanks?
Yes, our global network is institution-agnostic and includes a wide variety of traditional banks and digital-first financial institutions globally.