What do we offer?

A comprehensive suite to verify the bank account details and match
entered name with account holder name.

HyperVerge AI Solutions

Pennyless Verification

Validate user’s bank account details without any transaction

HyperVerge AI Solutions

Cancelled Cheque OCR

Automatically extract all relevant details from the cancelled cheque

HyperVerge AI Solutions

IFSC Verification

Fetch bank address, name and other details specific to the IFSC code

HyperVerge AI Solutions

Reverse Penny Drop Verification

Fetch and validate user’s bank account details without any user input

HyperVerge AI Solutions

Penny Drop Verification

Verify user’s bank account details by dropping ₹1 into their account

High user drop-offs with existing solutions

HyperVerge AI Solutions Recall details arrow

Need for users to recall account no; and IFSC code

HyperVerge AI Solutions High drop-offs arrow

Frequent vendor downtimes

HyperVerge AI Solutions No fall-back arrow

Lack of automated fallback mechanisms

Motif

Convert more users at the bank account verification step during KYC

See how it works

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Use Cases

Why Choose HyperVerge?

HyperVerge AI Solutions

Back-Up Vendors

Multiple fallback opts & backup vendors to minimise drop-offs

HyperVerge AI Solutions

Easy Integration

Plug-&-play module for easy integration.

HyperVerge AI Solutions

Analytics Dashboard

Analytics dashboard for identifying drop-off reasons

Access to all Modules with One SDK Integration

Access to all modes of bank account verification with one integration

HyperVerge AI Solutions

Frequently
asked Questions

What is Bank Account Verification (BAV)?

How can I verify a bank account in India?

What is Reverse Penny Drop (RPD) and how does it work?

Latest Blogs

The latest news, updates and more about KYC industries & related market resources from our team.

A Complete Guide to Bank Account Verification

Jan 25, 2023

A Complete Guide to Bank Account Verification

Bank account verification is a process where businesses verify the legitimate owner of the bank accounts they transact with. Read on to find out the complete process and best practices to follow during account verification.

ID Verification & KYC 4 min read
Beyond Basics: Navigating the Evolving Landscape of Bank Account Verification

Mar 19, 2024

Beyond Basics: Navigating the Evolving Landscape of Bank Account Verification

Discover everything you need to know about the primary techniques of bank account verification, their advantages and disadvantages, and how to choose the optimal method tailored to your business needs!

Product 7 mins read
All About The Process & Significance Of KYC Compliance Requirements

Sep 29, 2022

All About The Process & Significance Of KYC Compliance Requirements

KYC compliance is a necessary practice to prevent frauds. To know more about the KYC compliance requirements, it’s procedure & its significance, click here & read now!

ID Verification & KYC 4 min read