The one-click, passwordless mobile identity solutions provider IPification has just deployed its phone verification solution within U-Pay, the mobile payments services provider in Cambodia. U-Pay is the first e-Wallet company to implement bank-grade secure IPification solutions in the country.
Licensed by the National Bank of Cambodia to become the local payment service institution in December 2020, U-Pay aims to provide convenient mobile payment services. Users can transact anytime, anywhere, and in any way, including mobile top-up, bill payment, and transferring money.
IPification provides a variety of one-click, passwordless mobile identity solutions that include possession verification and fraud prevention. It is currently the only globally available mobile IP address-based authentication solution, using authentication via IM providers WhatsApp, Viber and Telegram as an alternative option.
U-Pay users will now be able to verify their identity with only one click – a streamlined onboarding experience aiming to cut the sign-up drop off rate and significantly improve app security and user experience.
“At U-Pay, we are committed to providing an easier, modern payment system to enable our users to keep up with the rapid mobile-first development in Cambodia,” Koh Hao Jie, U-Pay CEO. “IPification is completely revolutionizing and challenging the mobile authentication landscape by removing any trade-offs from the equation, making them the perfect partner for U-Pay.”
“It feels great to onboard yet another service provider in Cambodia, after partnering with the major mobile network operators in the country. You could say that Cambodia is our home away from home, and we’re very excited to keep expanding our services within the country,” added Stefan Kostic, IPification CEO.