Change Log - Verification Suite
February 2023
VRS Summary Page UI Enhancements
You can now view the verification metrics for bank accounts, PAN, and UPI in the Summary page. Navigate to product pages in a single click from the Summary page.
BAV Performance Optimisation
We have partnered with 2 more banks. The success rate of bank account verifications has increased from 95% to 97%. The transactions per minute (TPM) capability has increased from 700 to 1200 TPM. We have also decreased the P99 latency by 3 seconds.
Enhanced Bank Account Verification API
In a few scenarios, the nameAtBank parameter in the Bank Account Verification API did not return the exact customer name registered with the bank. Our internal optimisation has fixed this issue for the following cases: the parameter returned “Cashfree”, “NO NAME”, “nam_full nam_last”, only numbers, contains “X” for two or more times consecutively, has IFSC subcode values, or has "unregistered, UNREGISTERED, unregistered".
Optimisations On Top of the NPCI Rails
The character length constraint from the National Payments Corporation of India (NPCI) affects the nameAtBank parameter. The response with 20 characters and above is truncated, but with the help of internal optimisation, we have handled the issue and can return this value for 40% of the cases.
January 2023
Launched Free Trial
Launched Free Trial for you to experience and verify your customer’s bank a/c details, IFSC, PAN, Aaadhaar, and GSTIN at zero charges.
Enhanced Bank Account Verification API
In a few scenarios, the nameAtBank parameter in the Bank Account Verification API did not return the exact customer name registered with the Bank. We have now fixed this issue, and you will see the exact name registered with the bank.
Improved UPI Success Rate
Optimised UPI verification service to achieve success rate of 97 to 98%. Also increased the transaction per min capability for UPI verification significantly that now allows you to scale-up easily.
December 2022
PAN Verification via OCR
Released a new API to help verify your customer's PAN information using the optical character recognition (OCR) technique. Upload a clear copy of your customer's PAN image to verify and validate the details.
Read more here.
Aadhaar Verification via OCR
Released a new API to help verify your customer's aadhaar information using optical character recognition (OCR). Upload a clear copy of your customer's aadhaar card image to verify and validate the details.
Read more here.
Updated 18 days ago