#United States #Las Vegas #payment solutions #MassPay #Account Verification

MassPay Launches MassPay Validate

MassPay, a leading financial orchestration platform, has unveiled its latest offering, MassPay Validate. This standalone product aims to improve payment security by confirming the account status and ownership before transactions are initiated. This solution is particularly crucial for businesses that process payments globally, as it enhances operational efficiency and reduces the risk of payout failures.

Understanding MassPay Validate

MassPay Validate is designed as a single API call that allows companies to verify both personal and business accounts without having to route their payout volume through MassPay. This means businesses can seamlessly incorporate this verification process within their existing payment workflows, providing a smoother experience for clients and reducing administrative overhead.

The importance of account verification cannot be overstated. An alarming statistic indicates that approximately 12.5% of payout failures arise from issues that could have been detected prior to the transaction. These issues often stem from inaccuracies in account data, whether through entry mistakes, outdated information, or even fraudulent modifications. The ramifications of payout failures are twofold: they create additional costs for operations teams, like those associated with returns and reconciliation, and delay payments to the recipients who rightfully earned them.

MassPay's co-founder and CEO, Ran Grushkowsky, underscored the human aspect of these payout failures: “Every failed payout has a person on the other end who did nothing wrong. They were told they were paid, but the money isn't there.” By launching MassPay Validate, the company seeks to bridge this gap by allowing businesses to confirm account ownership and status before funds are transferred.

How MassPay Validate Works

The verification process is both efficient and comprehensive. MassPay Validate provides a real-time verification result that includes several key metrics:

• - Overall match status
• - Confirmation of account ownership
• - Confidence score on the name match
• - Provider risk scoring when the corridor allows it

This detailed feedback empowers businesses to make informed decisions about whether to proceed with a payment, flag the transaction for further review, or block it entirely if any issues are detected. Furthermore, results that cannot be swiftly concluded are conveyed via a webhook, eliminating the need for regular polling.

Companies can implement MassPay Validate at two crucial junctures in the payment lifecycle:
1. Supplier and Vendor Onboarding: When onboarding new counterparts, businesses can verify bank details simultaneously with creating a record, thereby averting potential errors that could surface later during a payment run.
2. Pre-Payment Verification: Just before initiating payment, particularly when payment instructions change, companies can utilize MassPay Validate to ensure that everything is in order. Both scenarios utilize the same endpoint for efficiency.

Additionally, the launch of MassPay Validate aligns with recent regulatory requirements, such as Nacha's WEB Debit rule, which mandates pre-send account verification for ACH transactions in the United States.

Flexible Pricing and Developer Accessibility

MassPay adopts a pay-for-success pricing model, ensuring that companies are only charged for accurate validations. If an account cannot be validated, there are no charges incurred. Businesses can start testing the new tool right away using MassPay's self-service developer sandbox at masspay.io/developer-sandbox without needing a contractual commitment immediately. A commercial agreement comes into effect only after the integration has been built and successfully tested.

Continued Growth and Expansion

The launch of MassPay Validate marks a significant milestone in MassPay's ongoing growth, as evidenced by their outstanding financial performance in Q2 2026, which featured a staggering 408% increase in payout volume and a 98% spike in revenue year-over-year. With this momentum, MassPay continues to establish itself as a leader in the payout orchestration sector.

About MassPay

MassPay is a global payout orchestration platform that enables businesses to send payments across 180 countries through various channels, including bank deposits, mobile wallets, and more. With built-in KYC, KYB, sanctions screening, and tax compliance features, MassPay operates under a customer-first philosophy, prioritizing the needs of payees in every transaction. Headquartered in Las Vegas, Nevada, the company aims to make cross-border payments more efficient and reliable.

For more information, visit masspay.io.