SynapsePay is a software layer that sits between banks and developers. Our goal is to make it easier, more secure and less costly for developers to connect to bank infrastructure to build out innovative & powerful financial applications.
Supported Features Include:
Our developer-friendly APIs make it easy to customize the entire payment experience.
Plus, everything can be automated (to reduce manual intervention).
We support the following settlement methods:
- SWIFT wire
Spin up FDIC insured accounts for your customers at our partner bank(s) to power next generation banking applications.
Online Banking Logins
Consumers can connect pre-exiting bank accounts quickly & easily by supplying online bank login credentials. Apart from instant account verification, other benefits include: realtime balance retrieval, bank account ownership information, transaction history, etc.
Reduce risk with our identity verification & screenings services.
- Check recent balances with banking logins (reduces risk of insufficient funds)
- Filter customers & transactions with back-end tools
- Verify accounts with bank logins OR micro-deposits
- Hold funds in 'escrow' until window of risk is decreased
- Automatically flag suspicious activity
Build out your compliance program with our KYC and compliance services.
- Validate SSN, Photo IDs & other document types
- Screen individuals through sanction lists & databases.
- Access KYC data for compliance purposes
- Build a custom Customer Identification Program (CIP)
Want more information? Contact us at firstname.lastname@example.org to speak with a member of our team!
Disclosure: We do not guarantee funds in the case of returns or chargebacks (per section 11 of our Third Party Platform Agreement)