What is Monnify?
Monnify acts as a versatile payment gateway that allows businesses to efficiently accept payments from their clients, whether it’s for one-time purchases or ongoing subscriptions. The service offers a seamless, effective, and budget-friendly approach for companies to receive payments via their websites and mobile apps, utilizing popular payment options known for their high success rates within Nigeria. Businesses can effortlessly integrate Monnify's web SDK to facilitate customer payments through card transactions and bank transfers. Additionally, the mobile SDK allows for in-app payment processing, enabling users to make transactions directly within mobile applications. With thorough documentation available for its APIs, Monnify provides developers with the essential resources needed to build tailored projects and products. Customers can initiate payments on your platform by performing a simple interbank transfer using various methods, including USSD, internet banking, or their mobile banking applications. Furthermore, Monnify accommodates online debit card transactions while keeping transaction fees highly competitive, positioning it as an appealing choice for businesses aiming to enhance their payment processing efficiency. The combination of flexibility and user-friendliness makes Monnify a favored option for businesses focused on improving the payment experience for their customers, ultimately fostering greater satisfaction and loyalty.
Pricing
Price Starts At:
$0.73 per transaction
Integrations
Offers API?:
Yes, Monnify provides an API
No integrations listed.
Similar Software to Monnify
EBizCharge
EBizCharge stands out as a premier provider of integrated payment solutions, enabling businesses to streamline electronic payment processing, bolster transaction security, and boost their profit margins. By equipping companies with the essential tools for faster, safer, and more cost-effective transactions, EBizCharge delivers a top-tier payment processing experience. Their applications adhere to PCI compliance and seamlessly integrate with leading ERP and accounting systems such as QuickBooks, various Sage ERP products, SAP Business One, Microsoft Dynamics, NetSuite, Epicor, and Acumatica, alongside major online shopping platforms like Magento, WooCommerce, and Volusion. This comprehensive integration ensures that businesses can operate efficiently while maintaining high standards of security and convenience.
Learn more
Mollie
Mollie serves as a comprehensive money management solution for more than 250,000 businesses, ranging from startups to large enterprises. This all-in-one platform streamlines financial processes, enabling users to handle online and in-person payments, subscriptions, financing, reconciliation, invoicing, and fraud prevention seamlessly.
Here’s how Mollie can enhance your business operations:
– Manage both online and offline transactions effectively using a single platform.
– Improve conversion rates by offering over 35 payment methods, featuring both global giants and local favorites.
– Increase revenue and establish customer trust with a checkout flow that is optimized for conversion.
– Utilize a unified dashboard to oversee payments, gain valuable insights, access funding options, and simplify accounting tasks.
– Accelerate your payment collection by dispatching payment requests and customized invoices effortlessly.
– Benefit from swift and flexible business funding options up to 350k with clear pricing and adaptable repayment plans.
Begin your journey today with straightforward pricing, no hidden charges, and no commitment contracts, ensuring a hassle-free experience from the start.
Learn more
Xendit
Xendit emerges as a leading payment gateway catering to Indonesia, the Philippines, and the wider Southeast Asian market. With a single integration, businesses can easily accept a variety of payment methods, including credit and debit cards, e-wallets, and bank transfers, across both Indonesia and the Philippines. The platform enhances the payment experience by prioritizing security and convenience, processing millions of transactions each month, and supporting business growth through a robust selection of high-quality APIs. Initiating your journey with Xendit is simple, whether you opt for Live URLs, web or mobile checkout alternatives, or direct API integration. You can also explore our sandbox environment for a quick login to test the various functionalities before going live. Transitioning to real-time transactions can be achieved in less than a day, allowing for efficient payment processing with Xendit. Furthermore, users can track their transaction history through a centralized dashboard, which includes daily reconciliation for improved visibility and reporting. Our competitive pricing model enables a pay-as-you-go approach with no hidden fees or unforeseen costs, simplifying financial management. Beyond merely facilitating transactions, Xendit provides businesses with valuable tools to boost operational efficiency and enhance customer satisfaction, ultimately creating a more dynamic marketplace. This comprehensive approach not only aids in immediate transactions but also fosters long-term relationships with clients.
Learn more
PaySpace
To ensure a seamless and uninterrupted customer journey, it is crucial to implement sophisticated payment optimization strategies that are specifically designed to meet the unique needs of your business. Utilize cutting-edge payment technologies that support a range of alternative payment options, so that even the most selective customers are pleased with their experience. A high-risk merchant account acts as a formal agreement between the merchant and their bank, providing the necessary legal framework to authorize online credit card transactions. This account also enables the acceptance of various payment methods, including wire transfers, E-wallet transactions, cryptocurrencies, debit cards, and international payment choices preferred by the merchant. To obtain a high-risk merchant account, an application form must be filled out, and once a payment service provider approves it, the merchant gains access to a payment gateway, which is essential for facilitating online payment processes. Such accounts are vital for businesses deemed high-risk that wish to accept payments through digital platforms. Furthermore, understanding the factors that categorize a business as high-risk can aid in navigating the intricacies of payment processing; thus, it is wise to consult the list of industries considered high-risk. Being aware of these classifications allows businesses to proactively address the challenges and requirements linked to high-risk merchant accounts while ensuring a smoother payment experience for their customers. By staying informed and prepared, merchants can improve their chances of successfully managing their payment processing needs.
Learn more
Screenshots and Video
Company Facts
Company Name:
Monnify
Date Founded:
2019
Company Location:
Nigeria
Company Website:
monnify.com
Product Details
Deployment
SaaS
Training Options
Documentation Hub
On-Site Training
Support
Web-Based Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English