Financial Validation Compliance
Benefits
Benefits of Financial Validation Compliance
Accurate and Reliable
The information is verified with the associated bank through account number and IFSC.
Prevent and Detect Frauds
Identify fraudulent bank accounts and avoid unauthorized transfer of money.
Financial Validation and Compliance APIs
Bank Account Validation
Penny drop: A minimal transaction is made to immediately verify bank account details.
Penniless: With the use of IFSC and bank account number, the account details are verified with the associated bank.
- Penny Drop Verification – Verify bank details instantly with a minimal transaction.
- Penniless Verification – Authenticate accounts using IFSC and account number.
- Instant Validation – Ensure secure and accurate bank account verification.
Know Your Business (KYB)
Instant GST verification of other businesses using PAN, which is essential for B2B transactions and compliance with laws.
Verifies CIN (COI) and PAN details, ensuring transactions are made with legally recognized entities
- Instant GST Verification – Authenticate businesses using PAN for B2B compliance.
- Legal Entity Validation – Verify CIN (COI) and PAN details for legitimacy.
- Secure Transactions – Ensure dealings with legally recognized businesses.
