Flow Release Notes | Version 3.4.0

UPI

Release capture: Decentro is excited to announce the launch of our Release/Capture API, empowering merchants to efficiently manage funds put on hold due to payment discrepancies. This feature allows clients to either release or capture payments seamlessly, enhancing transaction flexibility and operational efficiency.

Learn more about our UPI stack here

VA to VA transfer: We are excited to announce the launch of our new V2V API, enabling clients to effortlessly transfer funds between virtual accounts. This feature enhances flexibility and efficiency, streamlining financial operations for businesses.
Introducing new parameters in get VA details API:
- va_created_on - The timestamp on which VA was created.
- current_balance - The current balance of the VA.
- bank_provider - The underlying bank provider on which the VA is created.

Learn more about our E-Collect stack here

Introducing Reverse Penny Drop: a secure and efficient bank account verification method that allows users to validate their bank details by making a nominal payment of INR 1 to a designated VPA. This innovative approach not only enhances security by confirming account ownership but also simplifies the verification process, with refunds processed within T+1 days. Experience seamless onboarding and reduced fraud risk with Decfin’s RPD capability!

Learn more about our Reverse penny drop stack here