Components

Administration Panel enables various customer service and reporting actions. It is a central point to get information about user, his or her payment transactions, project performance etc.

AML Transaction Monitoring system enables real-time screening of transactions based on configurable rule sets.It processes each transaction live, determines whether to approve, decline, or hold it, and can notify AML officers when a rule is triggered.An internal AI module calculates a transaction risk score based on Verestro’s proprietary specification, but does not influence the decision-making process yet.

Expense management and card issuing platform enabling virtual card management.

Carbon Calculator enables users to calculate and track the carbon footprint of their financial transactions, promoting sustainability and informed decision-making.

Verestro Antaca is responsible for card issuing and account opening. The system can perform KYC and eKYC of the user before card issuing. You can manage card and user balance through Antaca.

Payment card benefit that refunds the cardholder a small percentage of the amount spent on a particular purchase. It is an effective way to incentivize spending and reward customers for their loyalty.

Here you can read how to connect your backend or mobile application to our sandbox, beta and production environments.

Short summary of key fees for using the Verestro platform

Verestro terminology and abbreviations.

One time payments e-commerce donations.

This document is intended for clients who offer their applications on iOS devices. These are third-party apps, meaning they are developed independently and not published by Apple.The document provides a step-by-step guide to enabling payments via external payment service providers and outlines the necessary steps to complete the integration.

You can find detailed FAQ on Verestro products here

Fee Management System (FMS) is Verestro’s billing engine for fintech products. It lets you define partner pricing, collect billable data from your services, and automatically calculate fees. FMS supports both end-user fee charging (instant settlement) and B2B billing (invoice settlement) with monthly reports that include revenue, cost, and profit.

IBAN Management Service is a solution provided by Verestro that enables comprehensive management of bank accounts for both Partners and endusers. The system allows for the generation of virtual accounts linked to an existing master account. IBAN Management Service also supports incoming and outgoing transfers both from the master account and the virtual accounts, ensuring flexible and transparent management of financial resources.

General intro to Verestro platform. Start here.

You can find more knowledge about fintech and payment products on this site.

Verestro offers a tool for identifying and verifying business customers. The tool dedicated to performing KYB (Know Your Business) verification consists of Administration Panel, KYB Form, and Customer Panel. 

Send money to cards and accounts. P2P, P2B, Card2Card, Payouts and more.