Veriph.One

Phone verification that increases revenue & reduces your CAC

72 followers

Phone verification that increases revenue & reduces your CAC

72 followers

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Authentication & identity tools

A phone verification SDK for B2C mobile and web apps that helps you convert more users and save money by paying only for successful outcomes. Build phone-based auth, MFA, or Fintech KYC with global reach & built-in fraud protection in just a few lines of code.

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Launch tags:User Experience•SaaS•Developer Tools

Launch Team

LoomHit record, hand off to AI

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Maker

📌

Hi Product Hunt 👋, I'm Cristian Guerrero, one of the co-founders of VeriphOne. On behalf of the team, thank you for checking out our product. We would love to hear your thoughts on it. It might seem weird that someone is working on phone verification in 2024. Yet, after working for +15 years in B2C products as engineers and product managers, we realized that the status quo is unacceptable after seeing firsthand how: 👻 Companies lose thousands of customers because of the high unreliability of sending SMS. 💸 Sending SMS, WhatsApp, and voice messages is ultra-expensive at scale. 🥸 Fraudsters siphon millions of dollars from companies through fraud schemes like SMS pumping and identity theft. 💎 Getting phone verification right without hurting user experience or compromising security demands time and resources many can't spare. 😈 Vendors are banking on an outdated model that aligns more with fraudsters' interests than their clients'. Because of this, we decided to rethink authentication, MFA, and onboarding flows based on phone verification. VeriphOne is a game-changer for any B2C software product because: 🚀 Our inverse-OTP method lets users verify their phone number by sending a message instead of receiving it—a more reliable alternative to traditional OTPs that achieves a success rate of up to 99.999%. 🎯 A billing model tailor-made for B2C software: Get unlimited verifications per monthly active user or pay only for successful verifications–save up to 50% on your verification costs! ⚡️ A multi-platform (mobile & web) SDK to get you faster and safer to market: the days of building your verification flows are over; integrate our SDK in a flash and get the possible UX with a custom setup and multiple fallback methods. Find out more and get started for FREE at: https://veriph.one

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2yr ago

Outcome

@product_market_fit Very interesting product and congrats on the launch! Curious - who are you ideal customer avatars?

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2yr ago

Maker

Thank you, @dzaitzow! In a nutshell, our ideal customers are B2C software companies that constantly seek to optimize their conversion funnel and are concerned about their user's security.

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2yr ago

PixelFree Studio

Congrats on the launch! When it comes to their personal information, people tend to be quite hesitant which obviously goes for the phone number as well. That's why I think you have an intersting angle on the inverse-OTP to transfer some of the control to the user as well. But I'm also curious, did you ever experience a drop in signups/users after implementing VeriphOne? While you give them some control, this also requires another action from the user which (I would imagine) not everybody will follow through on?

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2yr ago

Maker

Hi @max_peter! Thanks for the support! People often ask us about the user's potential unwillingness. It's a bit counter-intuitive, but after implementing this solution in products with millions of users, we saw conversion increases. We still had some users who didn't want to go through, but most were, based on our data, fraudsters and people with suspicious behaviors. So, the short answer is, no, there wasn't a drop.

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2yr ago

Baseless - AI-Powered No Code Builders

Congratulations on the launch @donmarco and team. This looks amazing!! Definietly going to check it out

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2yr ago

Maker

Thanks @sho_hunts ! Let us know if you do! Feedback is very welcome. We're here if you need support.

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2yr ago

Congrats on the launch! on the receiving end of many messages, i never know whats fraud, spam, marketing, or people i know and should answer. fraud protection is huge.

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2yr ago

miingl

Congrats on the launch! What's the typical percentage of savings from traditional otp sms?

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2yr ago

Maker

Hi @jake_strack ! It depends on your current vendor and the countries you're sending messages to. However, we typically see a 30% reduction, but it can go all the way to 50% if you're working with the most expensive providers (e.g., Twilio) or have users in developing countries.

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2yr ago

miingl

@product_market_fit very cool. It also seems like it may be a smoother experience for the end user. Have you run any case studies on experience?

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2yr ago

Maker

@jake_strack thanks! Yes, there's less friction on the user end as well. We used this verification method several times in the past for companies in different industries, and beyond saving money, a typical pattern we've noticed is that funnels also become more streamlined: - Customer support tickets related to users unable to complete the verifications almost disappear entirely. - Especially in fintech, users are less prone to having their accounts stolen or hijacked. - Users also spend less time in the verification process on average. We're still working on documenting these case studies, but if you want to experience this yourself, you can try our demo app ( https://demo.veriph.one ). I'm sure you'll understand how all of this fits together.

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2yr ago