Tink Balance Visualizer -

The "Tink Balance Visualizer" (referred to as in official documentation) is a feature of the Tink open banking platform that allows businesses to verify account balances in real-time. It is designed to reduce failed payments and improve the user onboarding experience for financial services. Core Functionality

: Instant verification of funds at pre-purchase or post-purchase stages.

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: 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.

: 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 The "Tink Balance Visualizer" (referred to as in

: Used alongside Expense Check and Income Check to provide a holistic view of a customer's financial health.

: 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 The feature enables businesses to fetch and visualize

: With active consent, merchants can "ping" a user's balance for up to 90 days to understand spending power and optimize billing schedules.