Bank Account Validation
Streamlined account management with built-in RERA compliance.
Streamlined account management with built-in RERA compliance.
Account Validation offers versatile validation services through multiple modes, including IMPS Validation, VPA-based validation, Reverse Penny Drop, and Reverse Penny Drop QR-based methods.
Instantly verify accounts through Virtual Payment Addresses (VPAs), providing a fast, reliable, and secure way to confirm ownership.
Utilize this method to confirm account details and reduce errors.
Our intelligent algorithm compares the owner’s name against bank records, giving you a trustworthy name match score and virtually eliminating discrepancies.
Leverage QR codes for a quick and reliable validation process.
Collect Beneficiary
Details
Initiate Penny Drop
Transaction
Receive Bank
Response
Name Matching
& Validation
Update
Validation Status
Refund or Adjust
Nominal Amount
Log & Report
Transaction
Collect Beneficiary
Details
Initiate Penny Drop
Transaction
Receive Bank
Response
Name Matching
& Validation
Log & Report
Transaction
Refund or Adjust
Nominal Amount
Update
Validation Status
Collect Beneficiary Details
Submit API Request
Receive API Response
Name Matching (Optional)
Update Validation Status
Log & Notify
Collect UPI
Details
Submit UPI
Validation Request
Receive API
Response
Name Matching
(Optional)
Update Validation
Status
Log & Notify
Notify
Collect UPI
Details
Submit UPI
Validation Request
Receive API
Response
Log & Notify
Notify
Update Validation
Status
Name Matching
(Optional)
Simplifies the verification process for end - users.
Reduces transaction time and enhances efficiency.
Minimize errors through automated checks.
Offers detailed logs for audit and compliance purposes.
Handles High volumes without compromising performance.