Discover LEI enhances payee verification, reduces fraud, and ensures secure and efficient financial transactions in global payment ecosystem. Traditional methods of verifying payee information, especially in cross-border transactions, often encounter challenges due to discrepancies in name formats, transliterations, and varying address conventions. To address these complexities, the integration of the Legal Entity Identifier (LEI) into payee verification processes offers a robust solution, enhancing accuracy, efficiency, and security in financial transactions.