About Third Party Validation (TPV)
Know how Razorpay performs Third-Party Validation (TPV) of your customers' bank accounts in real-time using Razorpay Standard Integration.
Know about Third Party Validation (TPV), why some businesses require TPV and how to integrate TPV on Razorpay Standard integration.
Third-Party Validation (TPV) of bank accounts is a mandatory requirement for businesses in the BFSI (Banking, Financial Services and Insurance) sector dealing with Securities, Broking and Mutual Funds. As per Securities and Exchange Board of India (SEBI) guidelines, transactions must be made by the investors only from those bank accounts provided when they registered with your business.
With Razorpay, you can comply with the SEBI guidelines for online payment collections by offering TPV integrations with
At the Checkout, investors complete the payment using the bank account details passed during the order creation.
The payment is marked as successful only when the bank account details entered in the order match those entered by the investor on the Checkout. If the investor tries to make payment with an account other than the registered account, Razorpay fails the transaction.
This is an on-demand feature. Please raise a request with our
TPV is supported on the following products:
- Payment Gateway
TPV is supported on the following platforms:
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