Auction websites accepting bids for high value items need to know that each bidder will be able to pay for the item should they win. SILENTDATA enables an instant request to be made to the bidder for them to prove that they have funds in their account in order to complete the purchase. All of this without requiring the bidder to reveal any of their banking information.
Proof of funds
Minimum account balance of £2,500
26/07/21, 08:14:54 GMT
Check in advance that a party has the ability to pay