TantumPay offers a mobile application that provides businesses with an all-in-one solution for customer verification and payment, serving as an anonymous digital ID for users to verify age or identity online. The platform aims to mitigate risk in transactions by offering versatile payment options and secure identity verification.
Funding
Funding not disclosed
Founders
Product
Problem
Many online platforms require age or identity verification, creating friction for users and potential privacy concerns. Existing verification methods can be cumbersome, time-consuming, and may involve sharing sensitive personal information with third parties.
Solution
TantumPay provides a mobile application that streamlines customer verification and payment processes while prioritizing user anonymity. The platform offers two primary services: TantumIdent, an AI-powered solution for fast and user-friendly identity and age verification, and TantumPay, which enables secure and anonymous online payments. TantumIdent allows users to verify their identity once using a valid ID, and then subsequently confirm their age or identity for online transactions via a QR code scan, without revealing personal data to the merchant. TantumPay facilitates secure transactions with various payment options, reducing the risk of fraud and chargebacks for businesses. The platform adheres to GDPR, AML, and PSD2 compliance standards, ensuring maximum regulatory security.
Target Audience
TantumPay targets businesses across various sectors, including streaming, gaming, e-commerce, adult entertainment, and financial services, that require secure and compliant age or identity verification and payment solutions.
Features
- AI-driven identity and age verification, completed in under 2 minutes
- Global support for a wide range of identity documents and languages
- Fraud detection using video selfies and liveness checks
- KJM-certified AVS solution for youth protection
- PSD2 compliant strong customer authentication (SCA)
- AML screening and PEP (Politically Exposed Persons) checks
- Chargeback management tools within the TantumPay dashboard
- Anonymized verification process, confirming user attributes without sharing personal data
- 1-Click authentication for returning users
- Integration via QR-code