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IDenfy to Improve Onboarding Process For Users of PayQuick

Posted 01 May-2021 03:19 AM by Andrea | 648

iDenfy is committed to helping online businesses grow, and they have continued to pursue this motivation relentlessly. In keeping step with their goals, iDenfy has announced a partnership with PayQuick to provide an identity verification service. The partnership is targeted to simplify PayQuick's onboarding process for faster and more secured services.

IDenfy is a Lithuanian company that provides identity verification services for online business. The company product allows companies to comply with Anti Money Laundering (AML), Know Your Customer (KYC) rules, and support electronic identity verification requirements (eIDV).

Domantas Ciulde, the CEO of IDenfy welcomed the partnership with PayQuick and said œWe are excited to partner with PayQuick as they embark on providing low fee digital international money transfer services to underserved countries. IDenfy will provide PayQuick with our AI facial recognition identity services as well as the necessary protections against fraud along with statutory money laundering compliance.

PayQuik aims to become a leading international digital money transfer business using the power of modern technology worldwide to send money online guaranteeing secure, low-cost transfers and fast service. Behind the creation of PayQuick, CEO of PayQuick M. Samantar had this to say, œPayQuik was started by a group of dedicated entrepreneurs with extensive money transfer experience. After spending over 20 years working at traditional money transfer companies we saw a lot of problems “ to put it simply, the majority of money transfer companies have not moved with modern technology and consumer habits. We knew we could do better and so PayQuik was born.


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