The operation returns a response in two cases:
- The bank account or IFSC or both are invalid.
- The bank account and IFSC combination are verified.
Verify Bank Account Details for Free!
You can verify your beneficiary bank account details for free using Free Credits. With this limited-time offer, experience and test the feature without paying any verification charges.
A banner displays the offer for you on the Verification Suite - Bank Account page (Verification Suite Dashboard > Verification Suite - Bank Account). Click Claim Free Credits and instantly redeem the credits to your account.
The asynchronous API can handle a higher TPM (transactions per minute) as compared to the synchronous API. The async API allows us to handle up to 1000 transactions per minute. You need to call the getValidationStatus API, to get the final status.
Click to see the response codes.
|422||ERROR||Input not in expected format|
Name Match Feature
To manually check if the provided customer name and the name registered at the bank are the same, consumes a lot of time and effort. Cashfree Payments has introduced a new feature that will help you to verify if the names are the same and provide the result accordingly.
Two new parameters, nameMatchResult and nameMatchScore will be available in the response, which will help you make faster validations and process payments successfully. Click here to know more.
Contact your Account Manager or write to [email protected] to activate the name match score feature for your account.