Private Payment Solution for Emerging economies
VeryPay offers innovative white label payment apps for merchants and consumers in cash dominant, less developed markets. With financial inclusion front of mind, VeryPay’s payment solution gives control back to businesses, which can help them to reduce costs and make digital payments accessible to all.
Headcount
25 people (6 Java Backend, 2 Android Kotlin; 4 React Native; 1 Business Analyst + Technical Writer; 1 Product Owner; 1 Technical Lead & Project Manager; 1 Devops; 2 React JS; 1 UX/UI Designer; 6 QA)
Industries
PayTech
Products and Services
The closed-loop payment system
Timescales
April 2021 – Present
Country
Switzerland
Technology Stacks
Spring Framework
Kubernetes
Java Script
Docker
ActiveMQ
MicroServices
Kotlin
Android
ReactJS
iOS
NFC
Jenkins
Bitbucket Pipeline
Sonaqube
Microsoft App Center
The VeryPay closed-loop payment system
MERCHANT APP
The merchant application, customizable with your brand, can be published on the Google Play Store. By enabling NFC on your smartphone, you can transform it into a mobile payment acceptance terminal. This app allows you to accept payments, top up customer wallets, process withdrawals and refunds, view and export transaction history, and monitor your merchant balance.
CUSTOMER APP
Our seamless integration allows you to connect branded payment cards or wearable devices to existing mobile wallet accounts. Multiple cards or devices can be linked to a single customer account, enhancing adoption and usage of your mobile money solution. The platform enables you to view customer balances, transaction history, manage group members, manage payment tokens, accept payments via QR codes, and integrate with Google Wallet.
VeryPay Achievements
Pioneering Closed-Loop Payment System
VeryPay's innovative closed-loop payment system provides a flexible and customizable solution for businesses to establish their own branded payment schemes. This platform enables seamless integration with mobile wallets, offering a wide range of payment options for consumers.
Financial Inclusion and Accessibility
By allowing multiple eWallet accounts to be shared among family members, VeryPay extends the benefits of mobile money to millions of unbanked citizens. This inclusive approach empowers individuals without smartphones or feature phones to participate in the digital economy.
Strategic Partnerships and Market Expansion
VeryPay's collaboration with multiple Telco brands across several African countries demonstrates its strong market presence and potential for growth. The company's focus on countries promoting digital payments aligns with the industry's trends.
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