Ipsidy Inc provides multi-functional secure payment solutions for open and closed electronic payment transaction networks. Its products and services operate in two reportable segments; Identity Management and Payment Processing. Identity Management division provides multi-modal, biometric matching software, image processing as well as a back-end fingerprint matching software solution. Payment Processing division offers multi-application payment gateway and switch that provides payment solutions for online retailers and physical merchant locations. It derives a majority of the revenue from the Identity management segment. The company has operations in the North America, South America, and Africa.