Account numbers, branch and clearing codes, SWIFT/BIC codes, IBAN's, wallet addresses: they can be complex and prone to errors when transmitting and increasingly become a target in a variety of fraud and scams.
What if there was a way to simplify them and remove errors and fraud? We are introducing a new way for businesses to talk "payment instructions", communicating, receiving, storing and validating: the payinfo.id
Payment instructions are like the address of your business.
You want people to find you easily. But only the right people.
Should you move, you want to let them know - securely.
Notwithstanding the success of emerging payment methods, traditional "bank account to bank account" still drive over 98% of B2B payments. Payment instructions can be difficult to relay to your customers securely. But they may be poised to be more complex once you include long wallet addresses.
Security: It's your data
A cryptographically secure solution ensures transparency and integrity of the data, without exposing it to the world.
Validating payment instructions to pay to can be cumbersome and full of potential security pitfalls costing businesses millions every year in misdirected, misallocated and returned payments.
Businesses change, so does your banking.
Communicating new payment instructions to your customers can be disruptive for them, the disruption invites fraudsters to tamper with your data.
Simple. Integrated. Cryptographically secure.
We are re-inventing payment instructions, a little bit like what the yellow pages did for customers to find businesses, just more 21st century.
A solution using the same cryptographical standards deployed by the world's leading financial institutions, that leaves you in control of your data. Enabling value added services, integrating your financial services provider and a powerful, secure set of APIs to automate straight into your ERP and payment platforms.
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