A marketplace platform allowing third-party sellers to list products was seeing fake or misrepresented storefronts slip through its manual seller-review process, leading to buyer disputes and damaged trust in the platform.
The Challenge
- Seller PAN and business registration checks were done manually
- Bad actors could game the review process with doctored documents
- Review backlogs slowed down legitimate sellers trying to launch
The Solution
Veriqos verifies seller PAN and bank account details automatically the moment a seller signs up, flagging mismatched or invalid details before a storefront goes live on the marketplace.
The Results
Fraudulent seller sign-ups are caught before listing instead of after buyer complaints, and legitimate sellers move from sign-up to live storefront significantly faster.
