Kaunas, Lithuania (November 17, 2020) – EshopWedrop is a low-cost x-border parcel delivery solutions provider. The company enables consumers to buy goods from online retailers in the USA, Europe, and Asia. Customers can purchase products from any popular e-commerce store, including eBay, Amazon, Walmart, Sports Direct, etc., and have their products shipped to their addresses.
EshopWedrop was established to abolish online barriers prohibiting consumers from receiving goods from international eCommerce platforms. With EshopWedrop, shoppers can buy their favorite products directly from American and European markets.
In partnership with iDenfy, EshopWedrop wishes to secure its platform from different types of identity fraud. iDenfy’s AI-enabled identity verification solution will help them cope with issues like fraudulent accounts and false information from customers, etc.
The partnership is going to be beneficial for shoppers as well. They will get verified from the convenience of their own homes. The company believes that it will improve its conversion rate and help them target more customers as well.
According to EshopWedrop, the onboarding journey is relatively straightforward after partnering with iDenfy. Mircea Bandean, EshopWedrop Managing Director, says, “iDenfy makes the online identity verification process instant; therefore, customers get immediate access to our full range of services. Furthermore, identity verification helps us rest easy, safe in the knowledge that all our customers are fully identified and legit.”
iDenfy is an identity verification solution provider in Lithuania, combining advanced liveness detection, facial recognition, and ID verification features in one solution. The company has been working with numerous prestigious firms and brands across the globe. They also help businesses comply with AML (Anti Money Laundering) and KYC (Know Your Customer) directives. iDenfy can verify 1300 types of ID documents from 200 countries.
Domantas Ciulde, the CEO of iDenfy, says, “We are excited to announce a partnership with EshopWedrop. We will provide them with a slick way to verify their customers’ identities and avoid the creation of fake accounts. Our advanced solutions will make sure their customers have a smooth onboarding experience.”
According to EshopWedrop, the alliance will help them meet KYC requirements quickly, which is now the industry standard. Moreover, meeting legal requirements for overseas eCommerce distributions will be much easier.
iDenfy‘s goal is to turn a customer’s device into an ID scanning and facial recognition system that makes it fast and easy to capture and verify their ID and other credentials to meet KYC and AML requirements. Real-time ID scanning and facial verification are already used on websites and mobile applications, helping to reduce the risk and minimize fraud for online transactions. This allows customers to perform daily operations from their home minimising the need for employees in a physical location. It also avoids the costly and time-consuming process of manual documentation required for submission and verification.
iDenfy was founded in 2016 at Kaunas University Technology Park by childhood friends Gediminas Ratkevičius and Domantas Čiuldė. In Lithuania, the company was awarded LRT Start-up of the Year in 2018. iDenfy provides real-time identity verification service for the financial, sharing-economy and betting industries.
For more information and business inquiries, please visit www.idenfy.com.
For media inquiries, please contact Viktorija Bielskaite, [email protected]