Penny Validation
Verify your users’ identity with penny validation
Validate your users’ identity and bank account status. Reduce fraud, minimize chargebacks and increase the percentage of successful transactions.
Trusted by the leading financial innovators
More security and confidence for your company
Decreased fraud
Verify the existence and operability of the account, ensuring the destination account is correct and preventing fraudulent registrations.
Chargeback reduction
By guaranteeing the bank account is correct and the recipient is properly identified, it reduces errors and payment disputes.
Save time and costs
Streamline your internal processes and reduce transaction times with a fast, real-time system. Ensure the authenticity of your customers and deliver a frictionless experience.
Increased customer trust
Demonstrate your commitment to security, giving your customers peace of mind knowing their account has been validated before larger amounts are debited.
Tailored to your business needs
Payment processing
Avoid transaction errors by confirming the destination account is correct and active before processing any payment.
Onboarding and KYC
Verify bank details during registration, preventing errors or fraud and ensuring a safer process for businesses and users.
¿Cómo funciona?
The user enters the payment method.
$0.01 is deposited into the user’s account.
Belvo checks if the information matches the recipient's details.
Done! Account verified.
Related content
Benefits of using ‘Penny Validation’ for account verification
Understand what penny validation is, how it works, and its benefits.
Best practices to reduce chargebacks in direct debit
Learn key strategies to prevent chargebacks in bank debit processes.
Nuestra infraestructura de validación de cuenta
Start verifying account propriety and operability with a simple and fast integration.
We can’t wait to hear
what you’re going
to build
Belvo does not grant loans or ask for deposits.