Supporting Your Payment Integration
Bank account verification is a necessary part of the ACH transaction process that ensures funds are coming from and going to legitimate bank accounts. Also known as funding source verification, it confirms that the account being attached is a valid bank account.
As more businesses begin offering electronic ACH payments as an alternative payment method to credit cards and paper checks, having a reliable bank account verification method ensures a positive user experience for both sides of the ACH transaction.
Leading Open Banking in North America
Dwolla Connect is a unified API solution across financial institutions and account-to-account payment methods and is designed specifically for mid- to enterprise-sized businesses with established payment operations. It empowers them to undergo a seamless digital transformation from outdated payment systems, manual processes, and file-based operations to fully streamlined, automated processes.