iPiD, a provider of payment validation solutions, has announced that its Global Bank Account Validation Deployment Kit is now available on the Microsoft Azure Marketplace.
The online store offers applications and services for use on the Azure platform, enabling customers to leverage the scalability, reliability and agility of Azure for their application development and business strategies.
The increasing popularity of digital and instant payments has highlighted the need for secure transactions.
iPiD’s solutions ensure protection against payment failures and misdirected payments through real-time beneficiary verification, addressing issues before they occur and identifying malicious parties.
Additionally, iPiD’s Verification of Payee (VoP) network, covering numerous countries and approximately 3 billion accounts, allows users to verify the existence and ownership of payee accounts, making it one of the largest networks available.
The solution also includes comprehensive Know-of-Person (CoP) validation, validation of account existence, ownership, name match, currency validation, and more.
Logic/syntax based validation checks the length, structure and check digit of bank details and provides information such as bank name, code, BIC code and address to ensure accurate and efficient payment processing.
Damien Dugoukier
“We are committed to providing the most comprehensive and reliable payment validation solutions on the market.
The Plug-and-Play deployment kits in the Microsoft Azure Marketplace are a testament to this commitment, and we are pleased to make our cutting-edge technology available to even more customers.”
Damien Dugauquier, co-founder and CEO of iPiD said:
Heather Gordon
“We are pleased to add iPiD’s Global Bank Account Validation solution to the Microsoft Azure Marketplace, providing our partners with greater exposure to cloud customers around the world.
Azure Marketplace offers a world-class quality experience from trusted partners around the globe with solutions that are tested to work seamlessly with Azure.”
Heather Gordon, general manager of partners in Asia at Microsoft, said:
