iPiD Payment Verification Solution Now Available on Microsoft Azure

iPiD, a provider of payment verification solutions, announced that its Global Bank Account Validation Deployment Kit is now available on Microsoft Azure Marketplace.

This online store offers applications and services for use on the Azure platform, allowing customers to leverage the scalability, reliability, and agility of Azure for application development and business strategy.

The growing prevalence of digital and instant payments highlights the need for secure transactions.

iPiD’s solution ensures protection against failed or misdirected payments through real-time beneficiary verification, resolving issues before they arise and identifying malicious parties.

Additionally, iPiD’s Beneficiary Verification (VoP) network, spanning numerous countries and approximately 3 billion accounts, allows users to confirm the existence and ownership of beneficiary accounts, making it one of of the largest networks available.

The solution also includes full Beneficiary Confirmation (CoP) validation, verification of account existence, ownership, name match, currency validation, and more.

The logic/syntax-based validation function checks the length, structure and check digits of bank details, providing information such as bank name, code, BIC and address, ensuring a Accurate and efficient payment processing.

“We are committed to providing the most comprehensive and reliable payment verification solutions on the market.

Our plug-and-play deployment kit on Microsoft Azure Marketplace demonstrates this commitment, and we are excited to bring our cutting-edge technology to even more customers.

» said Damien Dugauquier, Co-founder and CEO of iPiD.

Heather Gordon

“We are excited to welcome iPiD’s global bank account validation solution to the Microsoft Azure Marketplace, which provides our partners with great visibility to cloud customers around the world.

Azure Marketplace delivers world-class quality experiences from trusted global partners with solutions tested to work seamlessly with Azure.

said Heather Gordon, Asia regional general manager for partners at Microsoft.