VerifyPay
The voice on the call sounds like the director. Is that enough to send AED 48,000?
With VerifyPay no transfer leaves your company until a second person confirms it on their own phone with a fingerprint or face. The confirmation is tied to the exact beneficiary, IBAN and amount. If one digit changes after the request, the confirmation no longer counts.
Start a 30-day trialHow it works
- A finance employee records the payment request: beneficiary, IBAN, amount, reason, and how the request arrived.
- VerifyPay checks the IBAN, compares it with the one on record for that beneficiary, and flags a new beneficiary, a changed account or signs of urgency.
- The approver receives the request on their phone. For a new or changed account, they must first confirm that they called the supplier on a number from company records.
- The approver confirms with a fingerprint. Large amounts and account changes need two different people. Only then does the employee make the transfer in the bank.
What it covers
| Bound approval | The approval covers this beneficiary, this IBAN and this amount only. |
|---|---|
| Two-person rule | Large amounts and account changes need two different approvers. |
| Call-back rule | A new or changed account cannot be approved without a confirmed call to a known number. |
| Pressure option | An approver under pressure can choose an option that looks like a normal confirmation, while the payment stops and an administrator is alerted. |
| Audit trail | A hash-chained record of every request and decision, exportable to CSV. |
Write to us with a line about your system or your team. We reply from a named person within two working days.
Start a 30-day trialCovered by our client terms. Client terms