Sportienda: Mitigating Fraud With Norwegian BankID Signatures

Sportienda is combating fraud on online peer-to-peer marketplaces. More specifically, the company focuses on securing the sale and purchase of high-quality used bikes.

Sportienda buys used bikes from individuals and safely sells them on its webshop for a fair price. All sellers must sign an agreement before selling their bike.

Through Criipto, sellers can sign the agreement using Norwegian BankID, which has streamlined the selling process and brought trust to the platform.

The challenge

Selling and buying expensive, high-quality bikes on peer-to-peer platforms entails a lot of risk. As the price of the bike increases, so does the risk. Because of this, users might not feel completely safe to buy or sell such bikes on online marketplaces.

Sportienda wanted to solve this by buying used bikes directly from individuals and selling them on via a trustworthy platform.

But according to the Used Trade Act (Brukthandelsloven), the seller must verify their identity and the information regarding the object sold in any such trade.

Sportienda needed a smooth and customized digital signature process where individuals could sign a document to verify their identity in order to adhere to Norwegian regulations.

The solution

To make the signature process as seamless and secure as possible, Sportienda decided to implement digital signatures with Norwegian BankID.

CEO Kjetil Imbsen is convinced that integrating Norwegian BankID signatures has helped Sportienda make the service safe and trustworthy:

Chief mechanic Kenneth Engenes, CEO Kjetil Imbsen, and CTO Martin O Reistadbakk

The technology

Sportienda has seamlessly incorporated Norwegian BankID signatures into its system by using Criipto's API within Sportienda’s Node infrastructure.

Sportienda employs a React front-end and a Node GraphQL API. and discovered that integrating Criipto’s signature solution was both effortless and efficient. 

The result

After integrating Norwegian BankID and Criipto signatures, Sportienda succeeded in providing a platform where people can safely:

• Sell their bikes to Sportienda
• Buy high-quality used bikes from verified individuals at a fair price

Kjetil also claims that choosing Criipto was a clear opportunity for Sportienda to scale up and grow as a business: