Paysafe offer customers all the options they need to accept payments online, in-store and anywhere else they need to do business.
As a specialist payment provider which operates in over a 100 countries globally, Paysafe became increasingly frustrated with the standard verification process.
As a market leader, the team understood that traditional ‘Know Your Customer’ (KYC) methods did not support a global customer base, which was a challenge for Paysafe.
Paysafe approached Hello Soda to explore how the ‘PROFILE ID’ solution could 1) help with the challenge of an inconsistent onboarding process worldwide 2) to mitigate the risk of impersonation fraud and 3) to improve pass rates.
Hello Soda partnered with Paysafe to integrate an automated solution that minimised manual checks at the same time as ensuring a consistent user experience globally through a single integration.
The team at Hello Soda implemented PROFILE ID which perfectly met the needs of Paysafe and ensured AML and KYC compliance. Through its powerful and advanced social and digital footprint connections, further benefits included;
- A global data source
- Consistent verification for every user
- Two click process solution
- Uplift in customer pass rates