We enable businesses to make fast and secure payments to individual customers within their local area. Whether it’s for goods and services, disbursing refunds, or rewarding customers, our solution streamlines the payment process, ensuring a smooth transaction experience for both businesses and customers..
We allow businesses to process multiple payments simultaneously, saving time and effort. Whether it’s payroll processing, mass refunds, or recurring payments, Enove Payout provides a seamless solution for handling high-volume transactions with ease, maintaining the same level of security and efficiency throughout.
Enove Payout is a leading B2C solution that empowers merchants to make secure and prompt payments to their customers, utilizing both our instant local payment and bulk payment processing features. Every merchant has a multicurrency payout wallet that is preloaded with funds.
The merchant utilizes our API to send a payment request, providing details such as the amount, currency, and beneficiary information.
Enove Payout validates the request and proceeds to initiate the payout.
Upon successful payout, Enove Payout promptly notifies the merchant through the API integration.
As a result, the client receives the payment within seconds, ensuring quick and efficient transaction processing.
Merchants have the convenience of easily adding funds to their payout wallet by initiating bank transfers to Enove Payout and specifying their preferred local currencies for pre-funding.
Moreover, merchants enjoy the flexibility of transferring funds from the collection wallet to the payout wallet, enabling smooth financial transactions and ensuring seamless payment processes.
Merchants have the convenience of easily adding funds to their payout wallet by initiating bank transfers to Enove Payout and specifying their preferred local currencies for pre-funding.
Moreover, merchants enjoy the flexibility of transferring funds from the collection wallet to the payout wallet, enabling smooth financial transactions and ensuring seamless payment processes.
Access the API documentation here - API Documentation
For mobile money wallets, payouts is instantaneous. For bank transfers, it may take up to 30 minutes. In South Africa, payments posted after 3pm will be processed in the next business day.
This varies from country to country but you can view both collection and payout transaction limits here - African Payouts Transaction Limits
This varies from country to country but you can view both collection and payouts transaction limits here - Latin America ( LATAM) Payouts Transaction Limits
Our team will provide you a full list of the KYC requirements before you begin collection.
Between 1% to 3% above the XE.com rates.
Server to server for the cards. For local payment methods, server to server integration except in South Africa where we have a redirect.
Yes we do have a staging environment.
Yes we do provide live credentials once integration is complete.
Didnt find what you were looking for? Contact: partnerships@enovepay.com
Daily Balance Reports can be viewed under the client portal. Transaction Reports are provided with the amount and date/time. However we display cumulative balance being held on an account at that particular time.
Yes we have a portal for merchants.
We are an aggregator. We work with banks, and as such, we are covered by the licenses of the banks.