All Use Cases
Real-time balance check
Make decisions faster
Instantly verify account ownership using real-time data straight from a user’s bank account - creating a quick and simple payment setup.
Instant balance check in real-time!
Verify account ownership using real-time data straight from a user’s bank account at the click of a button, creating a quick and simple payment setup
Make decisions faster, and more efficiently!
Balance check allows banks to make faster decisions and serve their customers in the right way. The customer connects to their bank straight from your app – this gives you access to their account data for up to 90 days. Once the connection is made, you can access real-time data to check the exact balance in the account. After the initial 90-day period, the user can then consent to you rolling on for another 90 days. With insights into the user’s real-time account balance, you can safely and easily seal the deal - a modern open bank services solution!
Reduce the risk of failed payments
Know exactly how much is in an account to minimise risk of non-payment and avoid overdraft fees for your customers.
Improve risk assessments
Make better informed credit or risk decisions by knowing if you can retrieve funds after a purchase is made.
Improve checkout flow by instantly knowing if users will be able to complete a payment.