iPiD Partners with Mazepay to Accelerate Secure Supplier Onboarding and Payments

Global payments and risk-management firm iPiD has announced a strategic partnership with Mazepay, a business-to-business procurement and payment platform, to enhance secure supplier onboarding and payment workflows. The collaboration embeds iPiD’s Know Your Payee (KYP) and real-time account-ownership verification directly into Mazepay’s supplier lifecycle, enabling organisations to dramatically reduce manual verification processes, cut down onboarding time, and mitigate fraud risks.

Traditionally, supplier onboarding involves lengthy manual checks and email-based bank information verification — processes that can take hours or even days. With the iPiD integration, these checks are automated, bringing verification time down to seconds. This shift accelerates the journey from supplier approval to payment execution, addressing a key operational bottleneck for procurement teams and finance departments.

By supporting global coverage from day one, the partnership also allows Mazepay’s customers to deploy consistent supplier validation standards across markets, which is especially important for multinational organisations facing cross-border payment challenges. As secure and seamless supplier onboarding becomes more critical in the era of digital commerce, this integration positions both iPiD and Mazepay at the forefront of payment security innovation.

Key Highlights

• Strategic partnership: iPiD teams up with Mazepay to embed real-time account verification into supplier onboarding flows.
• Faster onboarding: Traditional manual checks are replaced with automated verification that can take place in seconds.
• Reduced fraud risk: By verifying account ownership instantly and independently, organisations minimise payment risk and errors.
• Global coverage: The solution supports consistent verification across regions, aiding global procurement operations.
• Improved operational efficiency: Faster onboarding and secure validation streamline purchase-to-pay cycles.

Why the iPiD–Mazepay Partnership Matters

Addressing Critical Pain Points in Supplier Onboarding

Supplier onboarding has long been a pain point for procurement and accounts payable functions in enterprises. Manual email exchanges for bank details and independent confirmation with suppliers create delays and risk human error — a vulnerability that fraudsters have increasingly exploited. With iPiD’s account verification technology integrated into Mazepay, organisations gain instant confirmation of payment details without back-and-forth communication.

A major benefit of this collaboration is in combating payment fraud, particularly in scenarios where incorrect or malicious bank details are introduced into payment systems. By removing dependence on manual attestations, businesses can reduce the likelihood of misdirected payments and costly remediation.

How the Integration Works

Real-Time Verification

At the core of this partnership is iPiD’s ability to verify bank account ownership in real time, a capability that goes beyond traditional matching of bank details. iPiD connects to secure verification endpoints and confirms whether the supplier’s bank account truly belongs to the named entity — all during the onboarding flow within Mazepay’s platform.

Seamless UI/UX

The integration ensures that Mazepay users do not need to leave their procurement dashboard to initiate verification. Instead, the verification happens as part of the existing workflow — removing friction and enabling teams to make payments confidently.

Global Implications for Payments and Security

Supporting Multinational Operations

In a global economy where businesses routinely manage suppliers across multiple jurisdictions, the need for a unified verification standard has become imperative. iPiD’s global coverage means that organisations on Mazepay can apply consistent supplier validation criteria — whether onboarding a vendor in Europe, Asia, or the Americas.

This cross-border capability is crucial for businesses scaling internationally, as it reduces variance in vendor validation practices and helps ensure compliance with local and global financial controls.

The Broader Market Context

Enterprise procurement and accounts payable departments are increasingly turning to integrated fintech solutions to automate and secure key workflows. The combination of payee verification, automated approval routing, and real-time payment execution reflects broader trends in the digitisation of the purchase-to-pay cycle.

By partnering with Mazepay, iPiD positions itself as a critical enabler of trusted payments infrastructure, and highlights how fintech collaborations can help enterprises move beyond legacy processes toward more agile and secure financial operations.

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