: Used alongside Expense Check and Income Check to provide a holistic view of a customer's financial health.
: Instant verification of funds at pre-purchase or post-purchase stages.
: Integrated into "Risk Signals" to assess a user's ability to pay, helping to minimize fraud and avoid overdraft fees for consumers. Implementation and Use Cases Tink Balance Visualizer
: Automatically confirms account ownership and sufficient funds before setting up a mandate, reducing the average cost of failed transactions by up to 20 times.
The feature enables businesses to fetch and visualize a user's bank balance directly from their financial institution in less than . Key technical capabilities include: : Used alongside Expense Check and Income Check
: With active consent, merchants can "ping" a user's balance for up to 90 days to understand spending power and optimize billing schedules.
: Developers can test the feature using Tink's Demo Bank with simulated credentials before moving to production. Tink launches Balance Check for smoother direct debts : Developers can test the feature using Tink's
: Access to both Booked Balance (ledger balance at the end of the business day) and Available Balance (real-time spendable funds including pending transactions).
