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iPiD’s Payment Verification Solution Now Offered on Microsoft Azure – Fintech Singapore


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

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

The increasing 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 payee 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 confirm the existence and ownership of payee accounts, making it one of the largest networks available.

The solution also includes comprehensive Confirmation of Payee (CoP) validation, verifying account existence, ownership, name match, currency validation, and more.

The Logic/Syntax-based validation feature checks the length, structure, and check digits of bank details, providing information such as bank name, code, BIC code, and address, ensuring accurate and efficient payment processing.

Damien Dugauquier

Damien Dugauquier

“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 is a testament to this commitment, and we are excited to bring our leading-edge technology to even more customers.”

said Damien Dugauquier, Co-founder and CEO at iPiD.

Heather Gordon

Heather Gordon

“We’re pleased to welcome iPiD’s Global Bank Account Validation Solution to the Microsoft Azure Marketplace, which gives our partners great exposure to cloud customers around the globe.

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

said Heather Gordon, Regional General Manager Asia for Partners at Microsoft.


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