eCheck Verification Transactions

You use an eCheck Verification transaction to initiate a comparison to a database containing information about checking accounts. The database may include information as to whether the account has been closed, as well as whether there is a history of undesirable behavior associated with the account/account holder. This transaction type is only supported for US transactions.

While eCheck Verification is a valuable tool that you can use to reduce possible fraud and loss, unlike a credit card authorization, it does not check for the availability of funds, nor does it place a hold on any funds.