Bank veification - payzon APi

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Bank Account Verification

Verify user bank accounts with their account number and IFSC before making payouts. Enjoy our cost-effective APIs with industry-best success rates.

Penny drop testing

Do a penny drop to verify the account & match the beneficiary’s name with that at the bank.

Penniless testing

Verify user accounts with their account number and IFSC, via penniless bank account verification.

UPI ID

Get the beneficiary’s name directly from the bank, by checking if an UPI ID exists

Easily verify by matching beneficiary’s name to bank account, with an updated list of IFS Codes.

Lending

Verify bank details before loan disbursals to avoid transfer reversals.

Insurance

Authenticate users & nominees during onboarding or when disbursing insurance.

Validate user bank accounts instantly with our super fast Verification APIs.

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Enjoy a reliable performance with 99.8% success rate & coverage across leading banks.

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Cut down on costs by not having to maintain a separate account to do penny drop.

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Validate user bank accounts instantly with our super fast Verification APIs.