Instant Account Verification for
Cross-Border
Payments
Send payments without the guesswork. Nium Verify
enables instant validation of beneficiary accounts in
over 50 markets. Eliminate payment failures and avoid
fraud to transact with confidence.
Nium Verify Instantly Verifies
Accounts Across Borders
No need for beneficiary intervention.
Nium
Customer
Send information
Send
information
Instant verify
Instant verify
Bank
Bank
Bank
Secure your global payments
For global businesses, it's essential to know who you're sending money to and that your payments are accurate. However, with regulators and payees pushing for real-time payments, traditional verification methods struggle to keep up, raising the risk of errors and fraud.
Traditional verification methods are slow and opaque
1. Create a new
beneficiary
2. Send a test
transaction
1-2 days
1-2 days
3. Beneficiary receives
the penny
2-3 days
2-3 days
4. Beneficiary
confirms
Secure your global payments
For global businesses, it's essential to know who you're sending money to and that your payments are accurate. However, with regulators and payees pushing for real-time payments, traditional verification methods struggle to keep up, raising the risk of errors and fraud.
Traditional verification methods are slow and opaque
1. Create a new
beneficiary
2. Send a transaction
1-2 days
3. Beneficiary receives
the penny
2-3 days
2-3 days
4. Beneficiary
confirms
Nium Verify Instantly Verifies
Accounts Across Borders
No need for beneficiary intervention.
Nium
Customer
Send
information
Instant verify
Bank
Bank
Bank
Targeted, Accurate Payments
-
Instant verification via API before payment initiation.
-
No beneficiary intervention needed—no penny drop
required. -
Real-time validation across key currencies
including MYR, PKR, IDR, SGD, INR, AUD,THB,
and VND, with more to come.
Flexible Implementation
Whether you’re verifying accounts before creating a beneficiary or adding beneficiaries while processing payouts, Nium Verify seamlessly integrates with your existing payment systems.
-
Standalone Verify API
Verify account details and receive instant status updates
(verified/not verified). -
Adding New Beneficiary
Automatically verify beneficiary details during creation and flag any
issues immediately.
Reduce Returns and Improve
Customer Experience
Incorrect account information is a leading cause of payment failure,
with failure rates often ranging between 10-15%. Verify ensures real-time validation of account details, reducing failure rates and preventing delays.
-
Retrieve correct account holders' names from their registered bank, ensuring payment details match.
-
Stay fully compliant with EU and UK payment verification regulations
-
Reduce settlement delays by up to 5-7 days.
Hear From Our Customers
私たちは、NIUMのようなグローバル・リーダーと提携し、韓国の外国人移住者のためのローンからリアルタイムの送金サービスまで、さまざまな銀行商品を開発できることを誇りに思っています。
– オ・ヒョングン、副CEO, Jeonbuk Bank
私たちには高い基準があります。ネットワーク、接続性、経済条件、そしてアフターサービス。NIUMは、それらの基準をすべて満たしています。
– タワン・タムマニチャノン、国際貿易製品管理部長、KBank
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Connect with our experts to explore use cases based on your industry, discuss customized pricing, and answer any questions you have.