Complete KYC Verification Suite
A dynamic and compliant KYC verification solution for your business. Automate user or vendor KYC and eliminate fraud using an updated database in real-time using powerful APIs.
Single & bulk KYC verification
Comprehensive Identity Verification
Integrate Dreamzwallet Before processing payouts or issuing refunds, payments integrate a KYC Verification Suite into your product and instantly confirm the identity of your partners or users during onboarding.
Bank Account Verification
Dreamzwallet KYC verification porcess
Merchant Application:
he merchant (business owner) initiates the process by applying to the payment gateway provider.
Submission of Documentation:
The merchant is required to submit various documents to verify their identity and legitimacy.
Review and Verification:
The Dreamzwallet provider's compliance team reviews the submitted documents and checks for accuracy and authenticity.
Face-to-Face Verification
In some cases, especially for high-risk businesses or larger transaction volumes, meeting or a video call with the business owners for identity verification.
Risk Assessment
The compliance team assesses the risk associated with the merchant's business model, industry, and processing volumes.
Approval or Rejection:
After completing the verification process, the payment gateway provider decides whether to approve or reject the merchant's application.
Account Verification for Banks
Verify the legitimacy of the bank account by comparing the user-provided name to the name of the account holder on file with the bank. Reduce faulty transfers or reversals and ensure that users are onboarded securely. Bank Account Verification allows the verification of numerous bank accounts.
Verify users before creating an account or during onboarding KYC.
Verify users as a part of the refund redemption procedure.
Make sure before releasing loans or making payments.
KYC Verification API integration is quick and simple.
Reduce user onboarding time by up to 85% and ensure 99.98% system uptime while paying out to the right beneficiary account. Connect your current ecosystem to the Dreamzwallet API for verification.
Verify sensitive user information using incredibly dependable and secure APIs.
Sync and Async support software
To automate the verification flow, integrate your product with the official Dreamzwallet Payments libraries for a number of programming languages.
Get webhook notifications in real-time for one or more verification statuses.
FAQS Dreamzwallet
A Dreamzwallet is an online service that facilitates secure and efficient transactions between customers and businesses. It acts as a bridge between the customer’s payment information and the merchant’s bank, ensuring that sensitive data is encrypted and transmitted securely.
When a customer makes a purchase online, the Dreamzwallet securely captures the payment information (credit card details, etc.), encrypts it, and sends it to the payment processor. The processor then communicates with the customer’s bank to authorize the transaction. Once approved, the Dreamzwallet returns the response to the merchant, completing the transaction.
Our Dreamzwallet supports a wide range of payment methods, including major credit cards (Visa, Mastercard, American Express), debit cards, digital wallets (Apple Pay, Google Pay), and bank transfers. This ensures that your customers have multiple options for making payments.
We prioritize the security of transactions processed through our Dreamzwallet. We utilize robust encryption protocols and adhere to industry standards, such as PCI DSS compliance, to protect sensitive customer data. Our systems undergo regular security audits to maintain a high level of security.
Yes, our Dreamzwallet is fully compliant with PCI DSS. We adhere to the strictest security measures and industry best practices to ensure the safety of cardholder data. Compliance with PCI DSS helps protect both merchants and their customers from potential security breaches.
Our fee structure is transparent and designed to be competitive in the industry. We charge a transaction fee based on the volume of transactions processed. Additionally, there may be other fees, such as setup fees or monthly service fees, depending on your specific business requirements. Please refer to our pricing page or contact our sales team for detailed information.
Integrating our Dreamzwallet is straightforward. We provide comprehensive documentation, including APIs and SDKs, to assist developers in the integration process. Our support team is also available to provide guidance and answer any questions you may have during the integration.
Our Dreamzwallet integrates seamlessly with a variety of popular e-commerce platforms and shopping carts, including Shopify, WooCommerce, Magento, BigCommerce, and more. We offer plugins or extensions specific to each platform, simplifying the integration process for merchants.
We may have a one-time setup fee to get you started with our Dreamzwallet. Additionally, there may be a monthly fee depending on the plan or features you choose. Our pricing structure is designed to be flexible and scalable, allowing you to select the most suitable option for your business.
Setting up an account with our Dreamzwallet is simple. Visit our website and click on the sign-up or get started button to initiate the process. You will be guided through the registration process, where you’ll provide necessary information. Once your account is verified, you can start integrating the payment gateway into your website or application.