How does Number Verification prevent fraud?
Number Verification identifies live phone data that help fraud prevention in various use cases:
- By determining the type of phone number and its validity; this information helps you flag suspicious users and transactions associated with that phone number.
- By looking up the location of a phone number, you can confirm if the user is in the same location as the transaction request; this is helpful in flagging a transaction that comes from an unusual location. This helps you identify potential fraud and accept/deny the transaction.
For more information, check out our Number Verification page, or contact your account manager.