Payments company SafeCharge launches new eKYC tool

SafeCharge, a provider of payment processing software to businesses, has launched a new automated digital identity solution.

Identity Manager uses automation technology to streamline complex background checks in a cost-effective manner.

Leveraging the new solution, merchants can access a selection of identity verification providers from around the world, including eKYC, document verification, age verification, PEP and sanction checks.

Offerings from the service enables automated customer verification flows, and if one is unsuccessful, it is rerouted to an alternative provider for checks. If an eKYC check fails, customers are asked to upload documents and be verified through a mobile or desktop computer. Check flows can also be customised based on geographical location, business, and sector requirements.

The new solution is segment of its wider payment’s engine, enabling easy implementation through the hosted payment pages or via APIs.

SafeCharge CCO Yuval Ziv said, “The beauty of Identity Manager is that with one single contract and one unified reporting interface, businesses can stay ahead of customer authentication regulation requirements and prevent fraudulent transactions using the relevant local identity validation checks wherever their customers are.

“SafeCharge runs the smart routing logic between check providers which provides a huge time saving and ensures the smooth operation for our customers.”

The FinTech delivers a smart omni-channel payment processing solution which ensures secure transactions, all supported by risk management solutions.

Last year, Safecharge deployed $24.5m into cashless payment solution provider Nayax across two investments.

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