I’m trying to reduce the risk of fraud by verifying business registration details before making payments.

This feature helps you verify a business’s registration details before you send a payment. It reduces fraud risk by confirming key company information matches what you were provided, so you can pay with greater confidence.

This feature enables you to verify a business’s registration details before making a payment to help prevent fraud and misdirected funds. You can use it when onboarding a new vendor, reviewing an invoice, or before approving a large or unusual transfer. The verification process checks that the business details you have (such as legal name and registration identifiers) align with official registration records. When the information matches, you gain increased assurance that the recipient is a legitimate, correctly identified business entity. When the information does not match, you can pause payment, request clarification, or escalate the case for further review. This supports stronger payee due diligence and helps reduce the chance of paying imposters or fraudulent entities. It is particularly useful for first-time payments, high-value transactions, and suppliers with limited prior history. By standardizing how registration details are confirmed, teams can apply consistent checks without relying solely on manual research. The result is a safer payment workflow with fewer avoidable losses and disputes.