Acqra’s newly implemented real-time identity verification check has arrived to significantly improve the efficiency and effectiveness of its eKYC on merchants and onboarding – most importantly, in high volume. This recent value-added-service incorporates facial recognition and document verification into Acqra’s current merchant eKYC solution, further enhancing its accuracy and reducing manual efforts.
The facial recognition and document verification technology verifies the legitimacy of IDs and compares selfie images with submitted ID, as well as names and checking the authenticity of its template and format. This addition to Acqra’s merchant eKYC is designed to increase conversions, approve more merchant applications more efficiently, and prevent fraudulent activity.
Acqra is constantly improving, testing and updating its solutions to ensure ongoing quality and accuracy of its services.