Confirm Account Balances
Insight In Balance
Verifying an account balance is key for reducing the risk of returned payments. With our balance verification solution, you can confirm balances in real-time to prevent transaction failure. You can also notify customers of low funds within your user experience, so they can choose a different payment method and move forward with ease.
Do users have the funds to make that payment or transfer? Balances can show you in an instant.
Because balances are confirmed instantly, you can reduce risk while delivering a frictionless customer experience
It only takes seconds to access account balances and get the real-time insights you need
Dynamic Balance Updates
Up-to-date balance information ensures that users have the funds and reduces the risk of overdrafts and dishonours
Industry Leading Coverage
Market leading coverage in Australia , you can verify accounts from the largest global banks to the credit union down the street
Plug-and-play API enables you to get started quickly and seamlessly and add additional use cases as your business grows
One single platform supports multiple use cases and can easily accommodate your growth
Account Verification to Mitigate Fraud and Risk
To reap the rewards of direct entry transactions, businesses must minimise the risk of payment returns due to insufficient funds, invalid accounts, and fraud. Envestnet | Yodlee Account Verification can ensure an account is valid in seconds.