Question 1

What does Fincra Identity do?

Accepted Answer

Fincra Identity is the identity management and verification feature set built into the Fincra API. It is not a standalone product — it is accessed using the same API credentials as Fincra payment services. Nigerian developers using Fincra for payments get identity verification capabilities included, enabling them to build compliant KYC flows without integrating a separate identity provider.

What It Does

Fincra Identity provides three core capabilities: (1) BVN Resolution — resolve a Nigerian Bank Verification Number to retrieve the associated identity details, enabling KYC verification against the CBN BVN database; (2) Bank Account Verification — verify that a Nigerian bank account number is valid and retrieve the account holder name via NIP lookup, preventing failed transfers before they happen; (3) Card BIN Resolution — look up a card BIN (Bank Identification Number) to identify the issuing bank, card network, card type, and country of origin for any card number prefix.

How Developers Use It

Fincra Identity endpoints are called using the same API key obtained from the Fincra Dashboard. Documentation is at docs.fincra.com under the Identity Management section. The same 50 req/sec rate limit applies. Sandbox and live environments are fully isolated as with all Fincra services.

Pricing

Included in the Fincra API subscription. Custom pricing based on volume — contact Fincra sales for current rates.

Rate Limits

50 API calls per second, shared with all other Fincra API calls. HTTP 429 returned when exceeded.

What Fincra Identity Does NOT Cover

Unlike dedicated KYC providers such as Dojah, Smile Identity, or YouVerify, Fincra Identity does not provide: NIN verification, international passport verification, driver's licence lookup, liveness detection, document capture, or CAC business verification. For comprehensive KYC with selfie matching and multi-document support, a dedicated KYC provider is recommended.

Challenges and Gotchas

(1) Fincra Identity is only available to businesses that have an active Fincra account — you cannot use it without being a Fincra payments customer. (2) Feature set is narrower than dedicated KYC providers. (3) Live mode requires completing full Fincra compliance onboarding first. (4) No standalone pricing — bundled with Fincra payment costs.

Company Background

Fincra is a CBN PSSP-licensed payment gateway incorporated in the US (Fincra Inc.) and operating in Nigeria and across Africa. The company provides payment infrastructure to African businesses and fintechs, and includes identity verification as part of its end-to-end compliance toolkit.

FAQs

Q: Is Fincra Identity a separate product from Fincra payments?
A: No. It is a feature set within the Fincra API accessed with the same credentials.

Q: Can I use Fincra Identity without using Fincra for payments?
A: Not independently — you need an active Fincra business account to access these endpoints.

Q: Does Fincra Identity support NIN verification?
A: Not currently. BVN resolution, bank account verification, and card BIN lookup are the currently documented identity features.

Q: What is the rate limit?
A: 50 requests per second, shared with all Fincra API calls.

Fincra Identity's bank account verification feature resolves the account holder name associated with a provided Nigerian bank account number and bank sort code, confirming that the account belongs to the expected recipient before initiating a disbursement. This pre-disbursement verification step prevents both accidental wrong-account transfers (from typographical errors in account numbers) and deliberate fraud (where a bad actor substitutes their account number for a legitimate recipient). For Nigerian platforms processing large volumes of payouts — salary disbursements, vendor payments, refund processing — the operational cost savings from preventing failed and misdirected transfers justifies the verification step.

Card BIN lookup from Fincra Identity allows platforms to identify the issuing bank, card type (debit/credit), card scheme (Visa/Mastercard/Verve), and country of origin from the first six digits of a card number before the transaction is processed. This BIN intelligence enables routing decisions — selecting the optimal payment processor for a card type, applying different processing flows for international versus domestic cards, flagging potentially high-risk card origins — that improve authorization rates and fraud management before authorization is even attempted.

Question 2

How much does Fincra Identity cost?

Accepted Answer

Fincra Identity is free to start, with paid tiers for higher usage (freemium). Identity verification features are included in the Fincra API. Pricing is custom based on volume and product needs — contact Fincra sales.

Question 3

How do I authenticate with the Fincra Identity API?

Accepted Answer

API Key (from Fincra Dashboard — same key used for payment APIs)

Question 4

Is there a rate limit on Fincra Identity?

Accepted Answer

50 API calls per second (shared with all Fincra APIs)

Question 5

Does Fincra Identity offer a sandbox or test mode?

Accepted Answer

Yes — Fincra Identity provides a sandbox or test environment so you can integrate and test before going live.

Question 6

What is Fincra Identity best suited for?

Accepted Answer

Nigerian fintechs and businesses already using Fincra for payments who want to add BVN resolution, bank account verification, and card BIN lookup as part of the same API integration — without a separate KYC provider.

Question 7

Is there anything else I should know before integrating Fincra Identity?

Accepted Answer

Fincra Identity is the identity management feature set within the main Fincra API — not a standalone product. Covers BVN resolution, bank account number verification, and card BIN resolution. Same API key, same 50 req/sec rate limit. Sandbox available.

Question 8

Where can I find Fincra Identity's documentation?

Accepted Answer

The official API documentation is at https://docs.fincra.com/docs/getting-started. The provider's website is https://fincra.com.

Question 9

Does Fincra Identity support Nigerian developers?

Accepted Answer

Yes — Fincra Identity explicitly supports Nigerian developers/use cases.

Fincra Identity

Features Included

Not Supported

Key Highlights

Required Access Documents

Use Cases

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