Introduction

The Payout to xPay product was created to allow you and your users to send funds from your existing balance to the chosen recipient.recipient in the form of payment link. Additionally, the recipient can choose a card from Google Pay or Apple Pay wallet instead of typing it in manually to receive these funds. The possibility to order payout will be created by our system after your company has passed the KYB process. Thus you will be able to create a balance for your company, for your end users and to order payout transfers for the declared amount to the recipient of your choice. After ordering such a transfer, we will generate a payment link, which we will then return to you. Such payment link can be sent to the selected person to whom you want to transfer the funds. Finally, you will be able to manage your and track your payouts history using Admin Panel we provide to our Customers. 

From the recipient's side after clicking the link he will be redirected to the view where he can see the amount of funds he will receive. The recipient can select a card (which will be top upped by amount you declared) using his Google Pay and Apple Pay wallet.

How to connect with us?

Integration with Payout to xPay can be divided into two parts. The first stage is business onboarding, where the terms of the contract are defined and all documents are confirmed (including KYB verification).

The second stage is technical integration, in which your instance and balance are created in our system and a merchant account configuration in the context of which we will recognize transactions ordered by your company or your end users. Once we have completed these steps, you can integrate your application with our API following Technical documentation.

Once integrated, you will be able to open a payment session by calling proper API method. Verestro will return a payment link as a response, which then you can forward to money recipient. By opening this link the recipient will see the transaction metadata and will be able to choose a proper xPay option he wish to receive money.  Verestro will be fully responsible for the execution of transactions.

Note: It is required that you have an account in Acquirer's system which will settle your transactions. For more informations please contact our Sale Department. We are suggesting to use Fenige as this is our partner acquiring institution and we are fully integrated with this Acquirer