Minimize Data Collection
Instant Bank Account Verification
Without a reliable bank account verification method, the results could be an incomplete payment and a negative experience for end users. Common ACH Return codes include having insufficient funds, account closure and being unable to locate the account. Dwolla.js helps protect against ACH returns to ensure the attached bank account exists and your end user has authorization to use it.
Micro-Deposit Bank Account Verification
Micro-deposits are small transactions of less than ten cents that are sent to a bank account for validation. Once the funds are processed, your customers can access their financial institution’s online banking system to verify the amounts—Dwolla.js allows a business to initiate and verify micro-deposits in a self-contained payment account verification process.
Instant Debit Card Verification
Trust & Verify
Verifying a funding source type is a crucial step in facilitating online payments. The value of Dwolla’s payment account verification methods is that one library is capable of performing different behaviors to help mitigate fraud and risk for a business.