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Why Phone Number Verification Is Crucial for Account Security?

by | Jan 15, 2024

Personal and business transactions often take place online. Making sure that only individuals with permission may access accounts and securing sensitive data is highly important. One of the best ways to maximize the security of your account is through phone number verification. In this article, we will discuss the importance of phone number verification along with how using a phone number validation API, such as numverify, may significantly improve account security and business productivity.

What Is Phone Number Verification?

benefits of phone number verification

Before we explore the benefits of phone number verification, let’s clarify what it means. Phone number verification is the process of confirming the accuracy and legitimacy of a given phone number. This process entails calling or texting the specified phone number to receive a verification code. The user has to provide this code to validate their identity. After validation, they are given access to their account. This method will actively reduce account takeovers, fraud, and other unethical behavior. Businesses can make it harder for hackers to access accounts by confirming that a particular phone number is active and actually in use by a real person.

Why Does Phone Number Verification Matter?

There are a couple of reasons why this feature is considered to be important. Let’s go into detail about this feature and look into how it works and what could happen if you don’t use it.

How Does Phone Validation Work?

phone number validation API

Users are asked for their phone number when they try to log in or register for an account. A phone number validation API is used to confirm that the entered number is accurate. This API looks at the number’s format, country code, and whether it is a legitimate mobile or landline number, among other things. To verify that the phone number is operational and capable of receiving messages, the API sends a text message to the number.

What Are the Dangers of Invalid Phone Numbers?

The security of an account can be seriously compromised by invalid phone numbers. If a user provides an incorrect or invalid phone number, it can lead to unauthorized access and fraudulent activities. This is why it is crucial to validate phone numbers at the point of entry.

What Are the Benefits of Phone Number Verification?

key benefits that users of the phone number verification

Given below are some of the key benefits that users of the phone number verification feature continue to enjoy.

Maximizing Revenue Opportunities

Phone number verification not only improves security but also can maximize your revenue opportunities. By ensuring that only valid and authorized users can access your services, you can minimize fraudulent activities and chargebacks, which leads to increased profits.

Improving Customer Experience

A relatively simple account registration or login process, facilitated by phone number verification, can greatly improve the customer experience. Users appreciate the ease and speed of verification by an SMS or voice call. This positive interaction can lead to higher customer satisfaction and loyalty.

Enhancing Business Performance

Utilizing a phone number verification API like numverify can significantly improve business performance. It minimizes the risk of fraudulent accounts, reduces the workload on customer support, and increases the overall efficiency of account management processes.

Prevents Account Takeovers

Phone number verification can help to prevent account takeovers by requiring users to enter a one-time password sent to their phone number when logging in or performing sensitive actions.

Complies with Regulations

Phone number verification is required by some regulations, such as KYC and AML regulations.

How Can Businesses Use Numverify to Improve Account Security?

numverify improve account security

Numverify is a powerful phone number validation API that can be used to improve account security in a number of ways. Given below are a few ways that businesses can use numverify.

  • Verify phone numbers at the point of entry: Numverify verifies phone numbers in real time. Therefore users are validated when signing up or logging in. This helps to prevent attackers from creating fake accounts or gaining access to real accounts.
  • Perform ongoing phone number validation:  Numverify can also be used to perform ongoing phone number validation. This can help businesses identify and block accounts that are using fraudulent phone numbers or that have been compromised.
  • Gather more customer data: By supplying details like the country and carrier connected with a phone number, Numverify can also be used to get valuable consumer data. This data can be used to identify fraud while improving customer targeting and segmentation.

Why Should You Use Numverify for Phone Number Verification?

Numverify has proven to be one of the best solutions for phone validation. It is very accurate and has global coverage. Whether you’re a business seeking to improve customer satisfaction, prevent fraudulent activities, comply with data privacy regulations, or simply an individual seeking a reliable method to authenticate a contact, Numverify can easily meet your needs. Numverify is the ideal option for anyone wishing to check the legitimacy of phone numbers because of its simple integration process, affordability, and accessibility to a large database of phone numbers. Take the first step towards improved security and reliable phone number verification by integrating numverify into your processes. There is no reason to think twice, subscribe to Numverify today!

Sign up free - Numverify phone number verification API

FAQs

What is phone number authentication?

Phone number authentication is a security process that confirms the ownership or validity of a phone number. It’s often used to verify user identities, secure accounts, and prevent fraudulent activities.

Is there a way to verify a phone number?

It is possible to verify a phone number in a variety of ways, including a voice call option, sending an SMS with a one-time code, or using a third-party service like numverify to check the number’s validity and other information.

How to get a free API key for Numverify?

To get a free API key for Numverify, you can visit their website, sign up for an account, and follow their instructions to obtain your API key. They may have specific terms or limitations for free usage.

How do you use Numverify?

To make use of numverify in your system or application, it is necessary to incorporate their API. The usual procedure involves sending a request to numverify’s API and providing the phone number you want to verify. Based on your subscription and the available data, numverify will respond with information regarding the number’s authenticity, carrier, location, and, occasionally, the user’s name.

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