OK2Pay: Payee verification software

Make sure every payment goes to the right account, every time, with OK2Pay.

 

OK2Pay’s automated payee and bank verification software ensures you can easily verify bank, GST and ABN details - before you make a payment.

 

With unique access to Australian bank data, our payee verification process is the fastest and most comprehensive in the market


Quick and easy to use, we will have you up and running in minutes. And you only pay for what you use!

 

Improve the efficiency and accuracy of your payment processes and eliminate scams and fraud with OK2Pay.

Automated payee verification

Unique access to Australian banking data for real-time and comprehensive verification.

Comprehensive verification

Verifies payee, ABN and GST status, individuals and businesses.

Fast and easy

Get up and running in minutes, and you only pay for the verifications you need and use.

Why OK2Pay is the bank account and payee verification software you need

Cybercrime and scams like false billing or business email compromise costs Australian businesses more than ¹$80 million in 2024 alone.

Payment redirection resulted in ²losses of 152.5m in 2024, a significant increase on the previous year.

Added to this, the ³rise of AI has increased the ability of scammers to impersonate organisations, while conflict of interest with employees and external providers remains an ongoing threat.

And many of these losses start with a simple vulnerability - unverified or incorrect payee details.


OK2Pay, Australia’s leading payment and bank account verification software, is the easy solution.

It provides automated and comprehensive payment verification, to make sure every payment you make goes to the right bank account.

With unique access to Australian bank data, OK2Pay runs the most thorough verification checks on the market.

The program verifies payee’s bank account details, GST status and ABN, to validate the payment, before it gets made.

Easy and quick to set up, OK2Pay provides your finance team with an automated payment control, reduces the need for manual checks, validates your vendor data, and eliminates the risk of incorrect or fraudulent payments.


OK2Pay comes backed by Satori's 20+ years of expertise in financial monitoring and controls, strong customer support and is trusted by government agencies, large and mid-size businesses with a large number of transactions.


With OK2Pay, you know that every payment is right, every time.

  1. https://www.cyber.gov.au/sites/default/files/2024-11/asd-cyber-threat-report-2024.pdf
  2. https://www.scamwatch.gov.au/research-and-resources/targeting-scams-report
  3. https://australiancybersecuritymagazine.com.au/authorised-push-payment-fraud-losses-to-hit-1-76-billion-in-australia-by-2028/

OK2Pay – the risks we eliminate

What’s included with OK2Pay

Identifies fake or phishing invoices by validating payee bank details, including ABN and GST, and reconciling that with the payee details you have on file.

Tracks IP addresses for requests from unusual jurisdictions and provides early alert to any potential issues.

Cross-checks employee and vendor for early identification of any conflicts of interest.

Strong customer support from the highly experienced Satori team, financial monitoring experts who understand your systems and processes.

Enhanced features are available for checks against vendor payee file, 3rd party payee checks and employee onboarding

OK2Pay Benefits

Comprehensive

With unique access to Australian bank account details, OK2Pay runs the most comprehensive checks, using up-to-date data, in market.

Improves efficiency

Reduces the need for manual checks from your team, creates an audit log of onboarding and verification process for better governance, real-time reporting and ensures your team is using the right tools and processes.

Easy to use and flexible

As well as having you up and running quickly, OK2Pay has low set-up fees and no lock-in commitment, with discounted rates for annual contracts.

Customer Reviews

Find out how OK2Pay can help you reduce scams and fraud, quickly and effectively.

Contact us today to see how easily we can get you up and running with OK2Pay, and start improving your payee verification process immediately.