Instant Identity Verification of Arabic, Russian and Romanian Individuals
1 year ago by Jack Evangelides

Instant Identity Verification of Arabic, Russian and Romanian Individuals

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Not having an instantly verifiable identity online can cause all kinds of problems for people in countries where - until now - this has not been available. It feels good to be able to provide a solution which will increase trade and make people`s lives that little bit easier. In a recent example of the issues caused, a company in Cyprus was unable to accept online payments from a senior manager of one of the Big 4 audit firms in Romania, because their very well-known and long-established online payment processor could not process payments from Romania without the "white-listing" of the credit card by the customer in Cyprus. The company in Cyprus would have had to carry out a lengthy due diligence process to ensure that the customer was in fact a legitimate representative of the audit firm before any online payments could be accepted. This Cyprus company lost the Romanian customer - who wanted the services delivered urgently - simply because their payment processor could not instantly verify the identity information of individuals in Romania. Checkmate! In the UK and USA (at least), online shopping is a convenience most people take for granted. Everything from gifts to food, printing services to furniture can be bought online simply, securely and in seconds. This has been standard procedure for more than ten years now. However, in many parts of the world this luxury is still not available or widely used because the risks of selling to unknown, un-checkable entities have outweighed the rewards. These barriers to digital progress and online trade have been making entire markets unavailable or undesirable to e-commerce traders, e-gaming companies, online service providers, internet merchants and online payment processors - but not for long. Cedar Rose now offers electronic identity verification of individuals in Russia, Romania, Jordan, Kuwait, Lebanon, Oman, Saudi Arabia and the United Arab Emirates via secure API - opening up the opportunity to verify millions of adults instantly. This brings a whole new world of possibilities for online commerce in these countries. Contact us if you would like more detailed information. Follow us on our company page to stay up to date with new developments.
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