Penny Drop Verify API
Fetch the outcome of an asynchronous penny drop using its reference ID and get the verification result with the account holder name.
Overview
What the Penny Drop Verify API does
Penny Drop Verify completes the asynchronous flow. You supply the reference ID returned by Penny Drop Initialize, along with the amount, and receive the settled result: whether the credit succeeded and the account holder name as recorded by the bank.
Results are idempotent, so polling the same reference more than once is safe and returns the same outcome. That makes the pairing straightforward to build a reliable, retry-tolerant pipeline around.
Built for
Use cases
Where teams use the Penny Drop Verify API
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Collecting results for a batch of queued verifications
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Reconciling verification outcomes against your own records
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Driving a webhook or state machine from settled results
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Auditing which accounts passed name-match before disbursal
Frequently Asked Questions (FAQs)
Related APIs
- Bank Verification Penny Drop Confirm an Indian bank account is live and correctly owned by depositing one rupee and reading back the account holder name from the bank.
- Penny Drop Initialize Start an asynchronous penny-drop verification and receive a reference ID you can poll, built for bulk and queue-based account checks.
- Bank Verification Hybrid Verify any Indian bank account with automatic routing between penny-drop and penny-less checks, so you get the fastest valid result every time.
- Bank Verification Pennyless Validate an Indian bank account and fetch the account holder name without transferring any money, using real-time banking network data.
Start verifying with the Penny Drop Verify API
Book a walkthrough and we will show the call, the response and how it fits your onboarding flow.
- One API key for every check
- Verified against official Indian records
- Built for onboarding at scale