Use cases

This chapter describes the business functions that can be performed by having a company balance in the Verestro system and using Payout to card. We also present end user default views presented during using the application.

Know your business

The first step to starting integration is to complete the KYB process. This process is required to identify and verify business clients. Automatic registration process ensures that all the information and documents provided by the clients gone properly through AML verification. Business client registration process may take around 10-15 minutes. At this link you can find out what exactly the KYB process is and what it looks like. KYB in Verestro is performed with the help of an external verification provider - Mobiltek.

Note: AML (Anti-Money Laundering) is a set of policies, procedures, and technologies that prevents money laundering.

Customer balance management

Description of methods in Antaca service to create and manage the balance.

Note: The balance for your corporation is created during its registration in our system.
You can create end-user balances from the Administration Panel created for your corporation or use the Create balance method mentioned above.

Initialize payment link

The card top-up process begins when the payment link is initialized. As a customer, you must provide transaction metadata such as the amount and currency in which the payout will be made. After confirming the entered data, a link is generated that you can send to the recipient.

Important! The first screen below (PartnerApp view) imitates the view from your application and you will be responsible for implementing this view.

Top-up card

The recipient of a payment link sent by the sender is the beneficiary of the transfer. Upon opening the link, the recipient is redirected to our responsive webview, where he/she can see a message indicating that a specific person intends to transfer a certain amount in a given currency.

To claim these funds, the recipient is required to enter his/her card PAN (Primary Account Number) into the designated input field provided on this page. The recipient then confirms hir/her intention to accept the transfer by clicking the “Confirm” button. Once confirmed, the funds are credited to his/her balance immediately.

3. Recipient gets message with payment link from the Sender and clicks that link.	4. Recipient is redirected to Payout to card and view (this step takes place in Verestro Payout to card application) and clicks Top Up my card button.	5. The form to provide card number and cardholder details is shown to the Recipient.	6. Recipient provide his card's number and his name.	7. The status of the top up is  shown to the Recipient.

Tip: After the transaction is completed, a notification will be sent to you informing you of the completion of the transaction and whether it was a success or failure.