Check21.com has revamped its check verification offerings to further help mitigate risk and reduce check and ACH returns for merchants. The Check Verification API utilizes ATM Verify and ForeWarn Validation to identify bad check writers and verify account validity in real-time.
Check21.com is now offering ForeWarn Validation, a service utilized to verify account validity, matching account data entered or submitted by an organization's users to the data provided by the banks. The ForeWarn service provider receives millions of account records daily from the majority of the banks in the US, therefore providing high coverage and accuracy.
The Check Verification API helps mitigate risk associated with the acceptance of ACH and check payments. The API allows organizations to verify account validity and check-writing history.