Biometric Enrolment and Streamlined Flow: MiFinity Redefines eWallet Onboarding

By | October 18, 2023
Reading Time: 2 minutes

 

Fraud Prevention and Compliance Remain Paramount with Streamlined Sign-Up

MiFinity, a global leader in digital payment solutions, is proud to announce a new innovation in the way customers can sign up for its eWallet. As part of MiFinity’s ongoing mission to continually enhance user experience, the MiFinity eWallet now has a more streamlined sign-up process that not only simplifies the onboarding journey for customers but also raises the bar for industry-leading usability, accessibility, and security.

Paul Kavanagh, CEO of MiFinity, shared his thoughts on this development: “At MiFinity, we are driven by a strong commitment to our customers. We believe in making financial transactions accessible, secure, and user-friendly. Our new eWallet sign-up process, with its simplified approach, and biometric transaction authentication, is a testament to our dedication to offering the best-in-class user experience.”

MiFinity’s Best-In-Class Sign-Up Flow

The improved sign-up process is designed to make eWallet enrolments faster, easier and more accessible than ever before. Customers can complete the sign-up process in a matter of seconds, ensuring a seamless and efficient experience.

With MiFinity’s simplified onboarding, new customers can sign up for a MiFinity eWallet via the desktop or app, deposit funds using their preferred payment option, and pay for services or products straightaway on the merchant’s site using their new eWallet. MiFinity’s enhanced sign-up process makes this a fast and streamlined solution, ensuring a seamless transition for customers in need of alternative payment methods.

Biometric Enrolment: The Future of eWallet Security

With biometric enrolment on app sign-up for both Apple and Android users, MiFinity is also setting the industry standard for eWallet security. This technology not only ensures that only authorised individuals can access their eWallet but also enhances the overall security of transactions and account management within the app.

No Compromise On Security

Behind the scenes, MiFinity’s new customer onboarding process captures hundreds of data points during the sign-up process. This data-driven approach prevents duplicate accounts, strengthens fraud prevention measures, and complies with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

MiFinity’s new sign-up process is now live and available to customers globally. The MiFinity eWallet is available in 225 countries and territories and has over 75 integrated payment methods. MiFinity’s app and desktop experience is localised in 21 languages and offers the ability to create up to nine wallets in any of 17 different currencies, helping customers manage their funds more effectively.

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