Decentro vs Verification Exchange
Decentro
decentro.techVerification Exchange
equifax.com.auSide by side
| Figure | Decentro | Verification Exchange |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Employment Verification Software | 8.1 (#3) | 7.3 (#16) |
| Compliance | Decentro says it follows ISO 27001 guidelines across its products and periodically undergoes third-party vulnerability assessments by CERT-IN empaneled auditors. | The service can provide an audit trail that includes income breakdowns and key employment details. |
| Integration | Decentro provides a test environment and shares test API credentials after onboarding a platform. | Payroll providers can supply payroll data from participating employers to support employee-authorised verification requests. |
| Security | Decentro says its dashboard uses MFA and its systems use AES256 and RSA4096 encryption standards. | Equifax says encryption and access management are used across data provision, storage, and verifier access, and that its Australian businesses, including Verification Exchange, are covered by ISO 27001 certification. |
| Support | The escrow page describes 24x7x365 priority support via email, phone, and Slack. | The employer page lists support at [email protected] and 1300 598 889. |
Plans
Verification Exchange
- Verifier subscription (Employment Income or Employment verification)Priced on request
In their own words
Decentro
Decentro is a Banking-as-a-Service platform that provides financial modules through APIs and SDKs. Its global collection service lets businesses accept international payments in local currencies through a unified API, with payment options including cards, SWIFT, SEPA, domestic transfers, and virtual accounts. The collection page lists 9+ currencies, though available collection and settlement currencies depend on Decentro’s licenses and support as a payment service provider.
Other offerings include multi-currency accounts, escrow, and a ledger for transactions and balances. The multi-currency escrow service supports holding, splitting, and releasing funds, and lists USD, GBP, EUR, AED, AUD, and JPY. Incoming payments can be matched to invoices. A web dashboard shows transaction data and balances, supports payment initiation, and provides reconciliation reports.
Verification Exchange
Verification Exchange has no write-up on Specifiction yet; its figures are above.