August 2020

Huawei’s newest in-app purchases or IAP opens a new door for multiple payment methods where users can utilize especially for global payments. It has better reach and more improved access for amazing Huawei apps. This feature can be easily integrated into your app with lesser fuss to ensure that you as a developer will have an increase in revenue.

Huawei users can now purchase unlimited variety of its products and services on just one tap of their finger. These cool apps include common virtual products and subscriptions for you to enjoy all day long. Take note, these apps are only available on Huawei AppGallery which makes their apps more unique and set apart.

There are three types of in-app products that you can avail with Huawei. Here are the following in-app products supported by Huawei IAP:

Consumable products and services

The consumable products and services is something that a user can purchase just once. When used by the user for an app, it will be depleted after consuming it. However, you can repurchase the same product and services again once you’ve already used up the rest of the consumables.

One good example is when you’re playing with a Huawei game app. For you to play you need to have a good amount of lives, weapons and other things. If you run out on one of those, you will need to purchase new ones so you can keep playing. These extra lives and weapons in the games are considered as consumable products and services.

Non-consumable products and services

Huawei also has non-consumable products and services that users can enjoy for a long period of time. These are usually purchased only for one time and can already be used as long as you have that app since it doesn’t expire. You will always have that product or service as long as you’re a Huawei member and hold the same smartphone.

An example would be a permanent membership for a service or availing extra levels to play for a game app. These types of in-app purchases don’t expire and stay with you as long as you have the app. Unlike the consumable products that expires once used, this one doesn’t and you can keep using it for a good amount of time. The good thing about it is when purchasing a certain product or service, you’ll get more exclusive access compared to other users who did not avail the extras.

Auto-renewable subscriptions

For these types of in-app purchases, users can have access to certain value-added functions or content in a limited period of time. It’s quite the same as non-consumable, however for this one the user can only enjoy the products in a specific time frame. Subscriptions for a product or service will be automatically renewed by Huawei if allowed by the user.

For example, you can subscribe for a monthly membership of a certain app and just pay for that month. You may opt to extend for another month or end your subscription instead. This option has more flexibility and reach for other apps that you don’t need for a long time.

It’s the digital age, and more businesses are relying on online transactions. Customers do not need to be present to carry out business. This creates emerging challenges for companies. For that reason, firms need to ensure that they conduct business with legitimate people. For banks, this is challenging because they also need to meet strict regulations. This new challenge has contributed to the rise of the revolutionary identity verification solution sector aimed at helping customers to verify their identities in different scenarios. So how do you get that best online identification provider?

1. The Pain Point

Identity verification is what it sounds like. Here is a perfect example:

A person may be wanting to open a new bank account via their mobile phone. In the process, the banking system will have to confirm their identity.

To achieve that, the bank will immediately deploy a credible identity verification provider who can help determine if the individual applying for the said bank account is the exact person they say they are.

2. What Will Be Needed

In the process of opening the bank account, personal information such as a valid ID issued by the government will be required. Biometric data will then be taken and then compared to the information stored in the official databases. If the information matches what is available in the databases, the person shall be authenticated.

With the multiple identity verification solutions available in the industry, how do you know exactly which solution offers the best and most reliable results? The best identity verification services use official data sources.

They also have a broad range of data sources in every country and can collect quality data from people for identity checks.

 Here are additional elements to look at

Which type of identification do you use?

This is the third utmost important question you need to ask when selecting an identity verification provider.

While it isn’t easy to answer the question, since various faucets should be considered, you still need to face it head-on. The underlying issue is why exactly you need to identify verification.

In case the company must comply with the regulations of the anti-money laundering department, you should follow the guidelines set by the government you would like to be registered with.

 If you want to secure your firm against fraud, you need to ensure that the firm you’re hiring is equipped with all tools you’ll need to accomplish this.

The types of verification methods available in the firm

There are multiple ways in which a company’s identity verification can be conducted. Take a look at some of the most efficient ways:

Knowledge-Based Authentication

Well known as KBA, knowledge-based authentication plays an important role in verifying a person’s identity by needing an answer to various security questions.

The questions are generally designed to be pretty easy for the person to answer, but for any other person to give the correct answer for the same question. Other safeguards for KBA are such as the requirement to answer different questions in a specified time.

DataBase Methods

Database ID methods use the information garnered from different sources in verifying a person’s identity. Some of the sources are such as online databases from social media and offline databases.

These data methods are used to help assess the level of risk a user poses because they reduce the demand for manual reviews.

 Final Thoughts

There you have it. There are different data verification portals used to verify a person’s identity in business and other sectors. These elements are used to connect businesses with viable portals and verification problem solvers. They are also used for websites as well as desktops.