Softcare Infotech offers a simple and most easy way to authenticate bank accounts. Bank Account verification API ensures that all your money goes exactly where it is supposed to go authenticated. No IFSC code is needed for accessing our API.
Softcare Infotech's Bank account verification API verifies the authentic account number of the recipient before accessing any transaction. Verification of bank account number follows the following procedure:
1. We allow your recipient to validate the account number without recalling or remembering the IFSC code of the bank. Customers can also verify as well as to authenticate the employee's salary account as well during onboarding.
2. IFSC code isn't needed anymore, eliminating a long process softpayindia has made the process relatively more easy and simple that any customer can use our API hassle‐free and with ease. Customers just need to mention the bank account number for entering the process of transferring money.
Benefits we provide to our customers via softpayindia account verification API:
1. Seamless Integration: The integration process with softpayindia is very seamless and easy to understand, the customer just needs to understand the well‐documented API integration process provided by developers. Softcare Infotech skilled developers provide 24*7 help support for the integration process of our API, we believe in leaving no stone unturned to make customers understand each procedure and integrated the API with the technologies in a hassle‐ free manner.
2. Simple Documentation: We provide very comprehensive documentation for our APIs. This documentation provides each and every detail about API and also this documentation is updated constantly to explain each and every aspect of API as well as API integration, this documentation delivers the minutest details. This documentation of API is applicable for every sort of technology you use likewise Python, JAVA, PHP, or C#, our developers covered all sorts of technology!
The API is used via several identities like banks as well as financial entities and has been proved secured and authentic as we use one‐time tokens that are being generated asymmetrically. On the other hand, the open‐source libraries make it relevantly easier as well as accurate to use.
The process of integrating bank account verification API is very simple. The procedure is as follows:
1. Connect with softpayindia
2. Submit necessary documentation
3. Integrate account verification API
4. Start verifying bank accounts
Why Softcare Infotech Bank Account Verification API is important?
The best ever plug‐and‐play integrated account verification API helps to authenticate the bank account validity. It also helps with accessing updated information, validating malpractice as well as frauds, validating correct/incomplete data that need to be eliminated from the database. The information such as the account holder's name and other information about account name and other information will be exactly as it appears in bank records.
The account verification capabilities can be useful for different business scenarios such as:
1. Onboarding Vendors:
The marketplace is splitting a wide on basis of commission with multiple vendors who can access the feature of account verification API via softpayindia which verifies the information at the time of vendor onboarding, this is very useful for authenticating payments later on.
With Softcare Infotech account verification API reduces the operation efforts as well as saves cost of integration.
2. Employee background check: This feature can be checked for the verification of employees and check their background as well.
While onboarding any vendor, delivery partner, or even an employee of an organization it is important at end of the organization to do verification especially for financial institutes to gather complete data about valid identity and address proof of the customer for bank verifications. Using softpayindia account verification API one can automate the process of verification with the existing system of a company such that the bank verification process goes on smooth and easy, without reflecting the information of the customer to the third party.
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