Business verification is essential in retail to prevent fraud, ensure legal compliance, and build consumer trust. It helps retailers verify merchants, reduce fake store listings, and mitigate financial risks associated with fraudulent sellers.

Fraud in retail comes in many forms—fake customer identities, stolen payment credentials, and unauthorized chargebacks. ZOOP helps businesses by:

• Authenticating identities in real-time using government databases.
• Detecting suspicious transactions with AI-driven risk assessment.
• Preventing account takeovers through multi-factor authentication.

Yes, ZOOP ensures a smooth onboarding process by verifying customer identities instantly. This reduces duplicate accounts, prevents reward fraud, and enhances customer trust in loyalty programs.

Identity verification plays a vital role in:

• Fraud prevention: Stops fake sign-ups, bot attacks, and payment fraud.
• Loyalty program integrity: Ensures rewards go to legitimate customers.
• BNPL (Buy Now, Pay Later) approvals: Verifies credit eligibility in real-time.
• Age-restricted product sales: Confirms age compliance for alcohol, tobacco, and gaming purchases.

Yes. ZOOP offers automated address verification to:

• Reduce return-to-origin (RTO) losses.
• Minimize delivery failures due to incorrect or fake addresses.
• Enhance last-mile efficiency for e-commerce brands.

Retailers dealing with high-value transactions must comply with AML (Anti-Money Laundering) laws. ZOOP simplifies this by:

• Screening customers against global AML databases.
• Automating risk-based customer due diligence.
• Maintaining a compliance-ready audit trail for regulatory reporting.