Understanding CSG Forte Validate and Validate+
CSG Forte Validate and Validate+ are validation tools that help businesses verify bank account details in real time before processing ACH and eCheck payments. These tools are designed to minimize fraud, reduce manual errors, and comply with Nacha Operating Rules.
What Is CSG Forte Validate?
CSG Forte Validate provides fast, real-time verification of bank routing numbers (TRNs) and account details across multiple data sources. This ensures the information entered is accurate and that the account is open and eligible for electronic payments.
Key Features:
Real-time transaction responses
Daily updates from financial databases
Comprehensive validation for routing and account numbers
Quick decision-making during payment processing
What Is CSG Forte Validate+?
Validate+ includes all the capabilities of Validate and adds advanced decision-making tools by tapping into broader financial and retail data.
Additional Features in Validate+:
Decision codes on all transactions
Access to over 1.5 billion records across external databases
Checks for bad check history and account age
Real-time checks for stop payments
Higher accuracy in fraud prevention
Benefits for Businesses
Reduce payment failures and errors
Meet Nacha compliance requirements
Improve customer experience by processing payments faster
Enhance security and fraud detection
More Information: https://www.forte.net/why-csg-forte/validate/ |
