Cross-checking Transactions
Vendreo strongly recommend that all Open Banking payments are cross-checked to ensure that funds have cleared into your account before processing any orders or dispatching goods.
All Open Banking transactions will automatically be cross-checked when you have an active bank account consent associated with a payment profile.
When a payment has been confirmed in your bank, you will receive a payment_confirmed notification.
By default, Vendreo will have access to your bank account for 90 days only - to carry out cross-checking functionality purposes. We attempt to renew consent automatically on a rolling basis. Should you wish to remove consent, you can cancel via the Payment Profile at any time.