Dealers
Reduced fraud, faster approvals and better customer experience
Problem
Today's auto finance processes have too much friction, too much paper, and are increasingly subject to too much fraud.
Fraudsters now aggressively targeting the Auto Finance business
Applications that take too much time end up as lost deals
Too much paperwork and back and forth between dealer and lender
Solution
Paays delivers ID and Income Verification in one easy-to-use platform that reduces fraud and customer friction, and speeds up processing and decision time.
ID Verifier
Reduce identity fraud with an easy-to-use solution that combines modern biometric, machine learning and OCR technologies.
Easily send an ID Verifier request to a customer via SMS or email.
ID Verifier is easy for customers to use
It takes only a few minutes for customers to complete the Paays ID Verifier process.
ID Verifier results are organized and easily viewed in the Paays dashboard
ID Verifier requests and results are easy to review, and are typically available within two minutes of the customer completing the ID Verifier request.
Detailed analysis of ID Verifier results
Accurate Data Extraction using Optical Character Recognition (OCR) technology
Document authenticity check, using advanced AI-driven authenticity checks
Liveness test, to ensure that it’s a real person conducting the check
Biometric face match to match the image of the customer’s face to their ID document with cuttng-edge biometric face match technology
Include ID verifier on every credit application
Deliver higher-trust to lender partners on every submission.
Income Verifier
Income Verifier by Paays is the most robust and comprehensive income verification solution in the market.
Eliminate paper. Fully digital experience
Easy for customers to use in as little as 2 minutes
Up to 3 options for customers to choose from
Immediate results available for review
Significantly speeds up POI processing and decisioning times
Get faster loan decisions from lenders
Income Verifier provides a rich dataset of verified banking and payroll info, along with AI-enabled fraud detection on uploaded documents.
