Overview

The Paramount Commerce online bank verification service uses online bank verification tokens to identify and link consumers with their bank accounts. After verifying consumer identity and retrieving an associated token, the token can be used in subsequent Instant Bank Transfer transactions using the consumer's bank account.

Online Bank Verification Flow

View the consumer experience videos below to see an example of properly configured identity verification with withdrawal screens.

Instant Bank Transfer

Instant Bank Transfer consumer experience with online bank verification and withdrawal

Verified Instant Payouts with INTERAC

📘

For information, see Verified Instant Payouts in the INTERAC Payout API.

First-time consumer experience using Verified Instant Payouts with INTERAC

Returning consumer experience using Verified Instant Payouts with INTERAC