A Look At The Areas Where Mobile Identity Verification Can Help
We
live in an era where companies are seeing an increase in security breaches
because of spammers and scammers. If you don’t do something to contain these
breaches, they can result in a poor customer experience and lead to a decrease
in customer retention, or worse, they could negatively affect your brand and cause
legal and financial repercussions. In order to reduce the potential for
compromised security, you can consistently using phone verification for
verifying phone numbers at every stage of the customer lifecycle, including
account creation, transaction authentication, as well as ongoing customer
engagement activities.
There
are various user management best practices where mobile phone verification can
increase security and boost customer acquisition and retention. One of them is
authenticating registration. When a new user registers for your application, mobile
identity verification can help authenticate identity, making sure that the new
user is who they claim to be. For instance, a new user who downloads an app and
registers a new account will get a PIN code via a messaging service like SMS,
MMS, Facebook Messenger, WhatsApp, or Viber, or via a voice message to be
entered in the app on their device in order to complete the user registration
process. This step links the user and their device.
Another
area where mobile identity verification can help is authorizing upgrades. A lot
of applications employ a freemium model, which means that the basic app is free
to use but a premium version can be accessed via a paid upgrade. When a message
is provided with a PIN to verify mobile users and their intent to upgrade, it can
help reduce mistaken downloads and curb fraudulent downloads.
For more information on the areas where mobile
identity verification can help, visit our website at https://loginid.io/
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