Case Study: Payset (global payment provider) achieves 82% reduction in onboarding time and under‑2‑minute verifications with iDenfy (KYC solution)

How Payset integrated iDenfy’s AI-powered identity verification solution and transitioned from a manual KYC process to a fully automated onboarding system, tailoring user interface with their brand

Payset, a London-based FCA-regulated global payments platform, faced slow, error-prone manual KYC and onboarding processes as it scaled. To deliver a frictionless user experience and reduce operational costs, Payset selected iDenfy’s full‑stack KYC solution, including document verification, automated data extraction, selfie-based biometric liveness checks, and address verification.

iDenfy implemented customizable verification flows, webhooks for link-based onboarding, and automated checks (3000+ document types, IP/location data), replacing manual reviews. The result: Payset cut onboarding time by 82% and reduced average user verification to under 2 minutes, minimizing delays and supporting steady customer growth thanks to iDenfy’s automation and accuracy.

Payset

Perry Asforis

Chief Executive Officer