Introduction
The Payout to xPay product was created to allow you and your users to send funds from existing balance to the chosen recipient in the form of payment link. The sender does not need to know the recipient's payment instrument data. The sender simply needs to send the created payment link to the recipient.
The recipient, opening the received link, will see that the sender sends him the previously declared amount. With our solution, the recipient choosescan aselect the card to which he wants to receive the money from the Google Pay or Apple Pay wallet (instead of typingentering itthe incard manually)number tomanually.
The possibility to order payout will be created by our system after your company pass the KYB process. Thus you will be able to create a balancebalances for your company,company forand 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 recipient.users. Additionally, you will be able to manage and track your payouts history using Admin Panel we provide to our Customers.
From the recipient's side after clicking the received link he will be redirected to our Payout to xPay view. From this view recipient 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.
Important! Implementation of the solution is work in progress...
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,integration. inAt whichthis stage your company instance andwill balance arebe created in our system. Such configuration allows us to recognize transactions ordered by your company or your end users. Once we have completedcomplete 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.Note: Verestro will be fully responsible for the execution of transactions.transactions and 3D secure authentication.
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 Acquirerinstitution.