With every second of waiting, platforms lose more than just time — they lose conversion opportunities and, consequently, revenue.
The invisible villain of conversion: waiting for manual review
Manual analysis has become a major obstacle on betting platforms and in services that require identity verification.
This slow process leads to user impatience, causing many to abandon the platform altogether.
To be more specific, recent studies show that 55% of users abandon the verification process if it takes longer than 2 minutes.
Furthermore, when the wait exceeds 30 seconds, conversion rates drop significantly.
On platforms where the wait time exceeds 5 minutes, abandonment rates can reach up to 80%.
This means that with each minute of delay, the likelihood of conversion decreases, and the negative impact on profitability grows. After all, user experience is the key to conversion, and delays destroy that experience.
The answer: fast and accurate verification
Binary technology is changing the game of identity verification, and there's no more room for slow or inaccurate processes.
That's because the need for instant and efficient verification, without compromising on security or compliance, is clearer than ever.
With binary technology, verification is done in seconds, with no room for doubt.
The answer is simple: yes or no. No more uncertainty in the verification process that frustrates users.
How does binary verification work?
Binary technology simultaneously evaluates multiple parameters, such as documents, biometric data, and other variables.
Then, the system quickly processes this information and returns a real-time response, eliminating the wait.
The cost of every second of waiting
Prolonged waiting doesn’t just hurt your bottom line — it also has a direct psychological cost, as the human brain, when anticipating a reward, experiences an emotional reaction that impacts behavior.
To better understand, we’re talking about dopamine — a neurotransmitter linked to reward-seeking behavior, which reinforces motivation when the response is quick.
So, the faster the feedback, the greater the user satisfaction. That’s because the brain associates immediate response with a positive reward, encouraging users to move forward.
How Legitimuz can transform your verification process
The solution to eliminating manual review queues lies in technological partnerships that deliver fast and accurate verifications.
In detail, Legitimuz, an identity verification platform, offers exactly that: the fastest KYC in Brazil.
This ID tech company uses cutting-edge technology to carry out real-time verifications without any manual interaction.
With its binary approach, Legitimuz ensures that verification is completed in under 30 seconds, without compromising security or compliance.
With Legitimuz, your platform benefits from:
* High conversion rate – Over 80% of bettors successfully complete the verification process
* Fastest KYC in Brazil – Instant document and identity verification.
* Document reuse – After the first verification, users can simply submit a selfie on partner platforms, making conversion easier.
* High availability – Legitimuz’s infrastructure ensures uninterrupted operation and scalability.
All of this proves that adopting fast and effective identity verification technologies, like binary verification, is essential to improving user experience. Not adopting them is a mistake that can put your platform at a disadvantage.
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Source: Legitimuz
