Account verification API

Devengo allows you to verify a bank account in seconds to ensure that you are paying the correct recipient

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  • Operational efficiency

    Automation of verification improves operational efficiency and saves time and money
  • Trusted third party

    The use of Devengo as a third party will provide you with security by using a trusted and reliable API
  • Reduce risk

    Protect against account fraud with secure, real-time data coming directly from the user

How it works

Our API can authenticate any bank account in the EU (SEPA network) with a simple integration from your side. Learn how to verify your users with an instant micro-payment

  1. Step 1

    You make a request with the name and the IBAN of the recipient

  2. Step 2

    We send the recipient a 1ct instant payment with a code in the description that only they have access to

  3. Step 3

    The recipient enters the payment code into your interface

  4. Step 4

    Finally, simply make a request to Devengo to verify the account

Get to know our API, it’s easy and effortless

Our REST API can be easily integrated into your processes, with any system or application

Manage and track everything

Manage your accounts to verify through our online platform and get a general overview of all activity. Enable your team to manage and track everything with ease

Use cases

Account Verification API can be applied in a variety of use cases and provides you and your company a lengthy list of benefits:

  1. 1
    Protect funds and data
  2. 2
    Prevent illegal activity
  3. 3
    Facilitate financial transactions
  4. 4
    Complies with regulation
  • Second-hand retail

    By verifying the buyer’s bank account, the merchant can ensure that the recipient is legitimate and has a valid bank account. This helps prevent fraudulent transactions and protect the merchant from potential scams.

  • Micro-lending

    In case the loan service needs to recover payments due, bank account verification can be useful. It provides up-to-date information on the borrower’s bank account, making it easier to track and manage payments.

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Interested to talk more about how you can boost your business with Devengo’s Accounts verification API? We’re happy to hear from you.

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