The product operates independently of MassPay’s broader payment orchestration services, meaning companies can utilize the verification tool without routing their payout volume through the platform. By confirming account details during vendor onboarding or immediately before a transaction, businesses can mitigate the operational burden of reconciliation and re-processing fees associated with returned payments.
"Every failed payout has a person on the other end of it who did nothing wrong," said Ran Grushkowsky, co-founder and CEO of MassPay. The system provides real-time results, including match status and confidence scores, helping firms flag or block suspicious instructions before they enter the banking network. This capability also assists companies in meeting tightening regulatory standards, such as Nacha’s WEB Debit rule, which mandates pre-send verification for certain U.S. transactions.


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