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Catching bank detail validation errors sooner to reduce investigation and repair costs

Superior customer service from using real banking system data

Incorrect bank data is a major source of inefficiency that prevents the automated processing of payment runs and causes immense customer frustration when not corrected at source.

Making bank detail data validation a core part of your electronic payments workflows ensures that errors are caught sooner which reduces your investigation and repair costs, and crucially, significantly improves your ability to deliver superior customer service.

Operating either in batch mode before a payment run, or as part of an online customer signup process, PayGate Validation works with regularly refreshed data drawn from the international banking system to capture errors from miskeying and mishearing before costly process issues occur later in the workflow.

The benefits of validating payment data before a submission

  • Ensures seamless payment runs by eliminating rejected payments
  • Superior customer service from properly executed payment runs
  • Error investigation tightly focused saving you time and money
  • Validation checks are against banking system data real means higher accuracy
  • Facilitates straight through processing (STP)
  • Validates all customer bank details in batch or online signup modes

Whether you are collecting data from customers in an online signup process or validating data for electronic payment runs, incorrect bank details are a major source of costly error handling in your workflows. And because these are costs associated with your resources, and the care and satisfaction of your customers, eliminating the issue is good for your business.