Name Match
Summary
Name Match API uses powerful AI and NLP to deliver rapid and precise matching of two sets of names. Leveraging Pelican’s renowned Intelligent Party Matching mechanism, which analyses various parameters and contextual clues, and swiftly matches the data using multiple algorithms, with accuracy and efficiency. With its robust capabilities, the Name Match API empowers individuals and businesses to make payments to the right entities thereby minimizing fraudulent payments.
Key Features
1. Real-time Name Matching
2. Secure data access
3. Results in JSON
4. REST API Integration
5. White Labelling support
6. Multilanguage support
Name Match APIs
API Name | API Endpoint | API Description |
|---|---|---|
Name Match | POST /match | API to match names and get the matching results. |
Name Match Flow Diagram
Name Match Steps
Step 1: Name Match Request
PSP sends the Name Match request. The request should contain the two set of names to be matched viz. Payment Party Name & Reference Party Name and optionally the / nickname along with other optional information like Account type, Ownership Type. On receiving the Name Match request, request body will be validated.
Step 2: Intelligent Party Matching
After API Request validation, the Intelligent Party Matching Algorithms will be called internally to match the two Names viz. Payment Party Name & Reference Party Name and the nickname, if provided.
Step 3: Name Match Result
The Matching result (i.e. Match, No Match, Close Match) and optionally the Match Score will be sent back to the PSP. The interpretation of Match Score vs Match Result is proposed as follows & is configurable as per calling PSP.
Matching Score | Matching Result |
|---|---|
0 to 70 | No Match |
71 to 95 | Close Match |
Above 95 | Match |