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Below simplified example of Verestro platform architecture. Before every project please decide which functionalities are you going to use.  Please tick bullet points which are needed in your project and deliver it to our sales team: INTERFACE White-...

Many merchants, especially in high risk area, face the problem of low approval rates. There are situations where 20-40% of transactions are declined. This is a real issue as it means a concrete loss of sales opportunity. In this article we will explain how it ...

There are various important trends that are impacting the financial technology market at the moment. We try to focus on several of them to stay competitive and propose services which improve user satisfaction, conversion and bring more revenues to our partners...

Our customers usually ask if it makes sense to issue cards on a separate BIN fully dedicated for a particular project or just use BIN range and share it with other partners. Let me focus on this topic in this short article.  BIN range There are not so many d...

If you are a fintech provider, there is one single risk of choosing a BAAS partner - long-term dependence on a regulatory license of the partner. We will focus on this topic in this article and explain how Verestro's proposal differs from all other BAAS provid...

This article summarizes programming languages & technologies we're utilizing to build our mobile solutions. Why should I care? If you want to use Verestro's SDKs in your mobile apps or you are interested in our Whitelabel Mobile Application, with intention o...

Integration with web page One possible development direction for the Verestro Whitelabel Application is to expand the set of functionalities by embedding webviews. There are no restrictions on the side of Verestro technology to embed a web page in a mobile ap...

In this article we would like to focus on IBAN, bank accounts delivery to your customers. This topic is raising a lot of questions and requires attention. Let's assume that you would like to offer IBANs for your customers. If you are a fintech provider, money...

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 card data. After initiating the transfer, sender will r...

The chapter focuses on the description of each of the components involved in the xPay payout process and what each component is responsible for. All mentioned components and their responsibilities are made and managed by Verestro. Terminology Name ...

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

This chapter is intended to present you the requirements that will allow you to use the Money Transfer via Card solution in your Company. We have presented here what information is necessary to provide so that you can join the Money Transfer program and so tha...

Once you are starting a payment account and/or card issuing project you need to learn key definitions and relations between those various parameters. Balance ID - this is a real "account" in the Verestro system. This number is connected with User ID and means...

Our Business Control platform provides the opportunity to issue virtual cards and manage business expenses. But in fact it can be used in multiple ways for companies. Here are a few examples of such use cases: Business payment card - your employee going for...

Android - Push Provisioning to Google Pay 1. Request Access Before enabling Push Provisioning in the Android application, you'll need to be whitelisted by Google. To initiate this process: Visit the Google Pay Push Provisioning launch page: https://deve...

In today's competitive financial landscape, cashback has emerged as a game-changing strategy for businesses looking to attract and retain customers. But what exactly is cashback, and why should your company consider implementing it? Let's dive into the world o...

Our clients often search for effective ways to scale their offerings. The obvious way to do this is to create their own product through the entire production process, from identifying the market and its trends, to building a prototype and implementing the syst...

Sometimes our customers ask questions connected with tokenization of eCommerce transactions. Let me focus on this topic below.  There are multiple meanings of tokenization in case of eCommerce payments.  Payment Scheme Tokenization  I think that nowadays te...

In the digital age, where online shopping has become everyday life for millions of consumers around the world, eCommerce payments play a key role in shaping the shopping experience. Convenience and security are factors that influence purchasing decisions, and ...

There is a new payment scenario appearing in the eCommerce landscape – payments directly from a wallet account. Let me describe this use case in this article.  Let’s imagine you are a merchant or a marketplace where multiple users are using cards or various l...