Case Study: Paysafe accelerates onboarding and boosts conversions with Jumio identity verification

Paysafe cuts onboarding from a day or more to minutes with Jumio

Paysafe, a leading specialized payments platform, faced a challenge with its lengthy and manual customer onboarding process. The previous method, which required document uploads, could take a day or longer to complete and created a poor user experience. To speed up onboarding and meet strict KYC and AML compliance mandates, Paysafe turned to vendor Jumio for its identity verification solutions.

By implementing Jumio's services, including Jumio Doc Proof for address verification, Paysafe dramatically streamlined its process. What used to take a day was reduced to mere minutes. Jumio's solution helped Paysafe increase online conversions, realize geographical scale by supporting global ID types, and minimize the need for time-consuming manual reviews. The integration of Jumio's technology provided a significant and tangible improvement to Paysafe's onboarding and user experience.

Paysafe