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The suggestion, then, was to use tokenization to ascertain accountvalidity and funds availability in consumers’ accounts, using API calls from the merchant. Brantner said her firm sought to eliminate some of the risks for the merchant, while also maintaining an easy payment method for the consumer.
With Orums Monitor, payment operation teams are able to leverage Orums money movement solution, Deliver, and bank account verification solution, Verify. RTP, FedNow, SameDayACH, ACH, wire, etc.)
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