How Does Passwordless Benefit Business Managers?

The widespread accessibility of the internet and the emergence of online buyers have encouraged all sorts of businesses to have an active online presence. Owing to the COVID-19 pandemic and the worldwide restrictions that followed, most companies were propelled to strengthen their online presence in order to sustain themselves and continue serving their customers.?

According to Ping Identity Corporation, 56% of online consumers have abandoned a brand's website when the login process was too long and complicated. Additionally, 43% of consumers would prefer to use a website that offers alternatives to passwords. Another survey by Beyond Identity has revealed that most users were willing to abandon an online cart totalling up to $162 when experiencing password difficulties during shopping and checkout.?

Business Managers Looking to go Passwordless

Business Managers and CEOs of various startups have been readily talking about implementing Passkey-based login within their websites and mobile applications, getting rid of passwords once and for all. Passkeys are an extremely secure form of authentication. However, it also appeals to businesses in aspects other than security. Here are a few compelling reasons why companies are ready to switch to Passwordless Authentication standards that will contribute to overall business growth.

1. Ease of Deployment: Passkeys are easy to integrate into websites, having one-step login flows and hassle-free login protocols that benefit businesses and consumers alike.
2. Saved Expenses: Integrating Passkeys into your business' web or mobile applications can save tons of money on IT support and maintenance. Additionally, the cost of 2FA and OTP-based SMS can be avoided by using Passkeys.
3. Improved User Experience: Passkeys contribute to a better user experience by enabling a one-step login without the hassle of passwords or timed OTPS.

SoundAuth | Promoting Easy Passkey Integration

SoundAuth is a low code/no code API that helps businesses implement passwordless authentication within no time and with close to zero engineering resources! With SoundAuth, developers can save multiple hours on constant trial-and-error, bug removal and correcting minor errors in codes.? SoundAuth provides a foolproof solution that will mitigate the risk of deployment of passkeys and lead businesses towards a secure and password-free future.

Interested to know how your business can save money and resources while attracting and retaining customers through Passkey-based authentication? Sign up at SoundAuth.com to join our waitlist and become a part of the SoundAuth ecosystem.