That may already be the case. Many countries already average multiple phones per person. Latest statistics show that there are 7.19 billion mobile devices (among 4.77 billion users) and the world population is 7.6 billion. Mobile phones have become the most important accessory/necessity for nearly 5 billion people. Reasons differ. It can be convenience, entertainment, staying connected socially, online shopping and conducting business in advanced countries. In developing countries,mobile phones can be even more critical as it offers connectivity to vital services otherwise out of reach. Micro-payments via mobile phones are revolutionizing third world societies and bring needed goods and services into areas unreachable by other methods.M-Commerce has exploded and will soon overtake all other digital commerce platforms.
Accurate phone number verification can help flag incorrect number key-in or invalid numbers, identify fraudulent accounts and speed the onboarding process for new or returning customers.
ID Merit’s suite of verification services has unsurpassed access to mobile and landline phone data and offer unsurpassed access to countries where reliable data is often hard-to-find, inaccurate or out-of-date. All sources are constantly refreshed so you have complete confidence in the on-going verification process.