How It Works
Application Submission
The user submits a loan or insurance application.
Data Verification and Credit Analysis
The user's data is verified and analyzed for credit assessment.
Verification with Authoritative Soruces
Using the national ID number, the user's income is verified against authoritative sources.
Verification Results
The verification results are sent to the financial service.
Decision Making
Based on the verification results, a decision is made regarding the loan or insurance.
Implement Income Verification to Your Business
Income Verification enhances fraud prevention and by using authoritative sources for reliable data verification. Users submit loan or insurance applications, and within 2 seconds, real-time verification is completed and results are sent to the financial service. The API is available 24/7 and operates on a pay-per-use model.