Tazapay adds iPiD’s payee verification tools

The integration embeds iPiD’s Know Your Payee capability directly into Tazapay’s platform

Tazapay has added iPiD’s payee verification tools to help businesses check payment recipients before sending money across borders.

The integration embeds iPiD’s Know Your Payee capability directly into Tazapay’s platform.

Tazapay provides local collection and payouts across more than 70 markets, alternative payment methods, virtual accounts, multi-jurisdiction licensing and stablecoin-to-fiat settlement.

It serves more than 1,000 enterprises and fintechs across 30 countries, processing billions of dollars in annualised payment volume.

Businesses can now access real-time account validation and beneficiary name matching through their existing Tazapay setup.

iPiD’s single-API model supports checks across different markets and payment schemes without requiring multiple local integrations.

The move comes as Tazapay supports both traditional payment rails and stablecoin-to-fiat settlement, including for web3 companies and enterprises operating in emerging market corridors.

Tazapay recently extended its Series B round, led by Circle Ventures with participation from Coinbase Ventures and CMT Digital.

Damien Dugauquier, Co-Founder and CEO of iPiD, said: Tazapay has solved something genuinely difficult in giving any business access to the full complexity of global payments through a single platform.

When you’re operating at that scale and across that many markets, trust in who gets paid cannot be an afterthought. That’s what iPiD brings to this partnership — and why we’re proud to be part of the infrastructure that helps businesses go global with confidence, he said.

Aayush Singhania, Chief Product Officer at Tazapay, said: Businesses that come to Tazapay want to move money across borders without compromise.

Integrating iPiD means we can now add payee verification to that promise, so our clients know the payment is going to the right place before it moves.