
Streamlines customer onboarding for iGaming and financial services, enabling signups and deposits in under 60 seconds.
Vendor
TrueLayer
Company Website
Signup+ is a smart solution that merges customer registration with Pay by Bank functionality, significantly reducing friction in the onboarding process for iGaming and financial services. It addresses the common issue of high customer drop-off rates during signup and initial deposits by automating bank ID verification for faster compliance checks. This allows new customers to create an account, make a deposit, and begin playing or investing in under 60 seconds, leading to a reported 100% increase in paid active users and an 80% conversion rate. The solution also boosts average transaction values by up to 30% due to the seamless, fast, and secure payment experience. Key features include automated bank ID verification, instant account creation, reduced fraud risk by removing card reliance, and the use of suspense accounts for enhanced security. It leverages real-time verified data for compliance and integrates Pay by Bank for effortless deposits, turning returning customers into loyal ones with up to 90% conversion. Signup+ offers flexible integration options including ready-made UIs for mobile apps and browsers, as well as plugins for popular e-commerce platforms like WooCommerce, Shopify, and Magento, supported by a comprehensive console for management and reporting.
Features & Benefits
- Instant Signup & Deposit: Enables customers to register, deposit, and start playing or investing in under 60 seconds.
- Reduced Drop-off Rates: Halves the drop-off rate during onboarding, more than doubling first-time customers.
- Increased Transaction Value: Boosts average transaction values by up to 30% through a seamless payment experience.
- Reduced Fraud & Abuse: Eradicates card-related fraud and prevents new-user bonus abuse and underage gambling.
- Automated Compliance: Streamlines KYC and AML checks using automated bank ID verification and real-time data.