Payment & Payee Verification

Verify Payees Before Funds Move.

Confirm bank account ownership with penny-drop and reverse penny-drop checks — stop misdirected payments, APP fraud, and mule accounts before money leaves.

Payment & Payee Verification • Penny Drop • Account Ownership • Payment & Payee Verification • Penny Drop • Account Ownership • Payment & Payee Verification • Penny Drop • Account Ownership • Payment & Payee Verification • Penny Drop • Account Ownership •
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By the Numbers

Built for Every Money-Movement Flow.

Real-time account and payee intelligence stops misdirected and fraudulent payments while keeping genuine payouts fast.

/01
99%
Account Match Accuracy

Precise name-and-account confirmation before every disbursement or payout.

/02
90%
Fewer Failed Payments

Validated payee details drastically reduce returns, reversals, and misdirected funds.

/03
6X
Faster Mule Detection

Real-time checks surface mule and money-laundering accounts before funds settle.

Verification Signals

Verified Accounts. Protected Payments.

Combine penny-drop, name-match, account validation, and mule intelligence into a single real-time payee-verification engine.

680+ Risk Parameters
/01

Penny-Drop Verification

Confirm a bank account is live and owned by depositing a tiny amount and reading back the registered name.

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/02

Reverse Penny-Drop

Validate account ownership without a debit by confirming details directly from the beneficiary bank.

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/03

Name Match

Fuzzy-match the payee name against the account holder to catch typos, mismatches, and impersonation.

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/04

Bank Account Validation

Verify IFSC, account status, and branch details to ensure funds route to a valid destination.

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/05

Mule Account Detection

Flag newly opened, high-velocity, and network-linked accounts used to launder or cash out funds.

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/06

Beneficiary Risk

Expose reused, shared, and coordinated payee accounts across payments and payout batches.

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Verification Flow

Real-Time Checks Across Every Payment.

Validate every payee from the moment they are added to the instant funds move — with adaptive decisioning at each step.

01
Stage / 01

Payee Added

Capture beneficiary bank details and payment context at the moment they are entered.

02
Stage / 02

Account Validation

Confirm the account is live and valid via penny-drop or reverse penny-drop checks.

03
Stage / 03

Name Match

Match the registered account holder name against the intended payee to catch mismatches.

04
Stage / 04

Risk Screening

Score the beneficiary for mule, velocity, and network-linked fraud indicators.

05
Stage / 05

Payment Approval

Release, hold, or block the payment automatically before funds ever leave.

Real-Time Evaluation

Context-Aware Payee Risk Scoring.

Account, name-match, and network signals are evaluated together to decide whether a payment is safe to release in real time.

  • Account ownership confirmed before funds move
  • Name mismatches and impersonation surfaced instantly
  • Verified payees are paid without added friction
  • High-risk beneficiaries are held for review or blocked

Payee Risk Panel

Elevated Payee Risk
64/ 100
Trust IndicatorsReal-time
  • Name Mismatch
    High
  • Mule Signals
    Detected
  • Account Age
    New
  • Beneficiary Reuse
    Active
DecisionHold & Review
  1. /01

    Payee Screened

  2. /02

    Verification Triggered

  3. /03

    Analyst Review

  4. /04

    Payment Released

Operational Response

Verified Payments. Zero Misdirection.

Stop misdirected and fraudulent payments at the edge with pre-payment verification, real-time blocking, and full-trail investigation — without slowing genuine payouts.

Pre-Payment Verification

Validate account ownership and payee details before any funds are released.

Real-Time Blocking

Instantly hold or block payments to high-risk and mule beneficiaries.

Case Management

Unified dashboard for analyst review of held payments and flagged payees.

Audit-Ready Trails

Detailed logs of every check and decision for compliance and dispute resolution.

Industry Solutions

Safe Payouts Across Every Money Flow.

Verify payees everywhere funds move — from banking and fintech to payroll, lending disbursals, insurance, and marketplaces.

/01

Banking

Verify beneficiaries before transfers, standing instructions, and high-value payouts.

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/02

Fintech & Payments

Confirm account ownership in real time across UPI, wallets, and instant-payment rails.

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/03

Lending Disbursals

Ensure loan amounts reach the verified borrower and not a mule or mismatched account.

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/04

Payroll & Vendor Payouts

Validate employee and supplier bank details to prevent misdirected and fraudulent payments.

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/05

Insurance Claims

Confirm claimant accounts before releasing settlements and reimbursements.

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/06

Marketplaces

Verify seller and partner payout accounts to protect funds and reputations.

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