Purpose & Benefits
The Remittance API allows you to:- Transfer funds on behalf of a third-party user (agent, customer, or end recipient).
- Enrich transfers with custom metadata (internal reference, user ID, transfer channel, etc.).
- Track transaction status in real time (
pending
,processing
,succeeded
,failed
). - Receive webhook notifications as remittance status changes.
- Manage remittance operations through a secure, flexible API.
Common Use Cases
Use Case | Description |
---|---|
Money Transfer Platform | A fintech app allows users to send money to relatives. The platform uses the Remittance API to process the transactions. |
Mass Payouts | A company or NGO distributes funds to multiple beneficiaries (e.g., salaries, commissions, aid). |
In-person Agent Transfer | A physical agent uses a Yabetoo-connected interface to initiate transfers for walk-in customers. |
Service Payment on Behalf | The partner pays bills or services for their end users (e.g., tuition fees, electricity). |
Who is it for?
The Remittance feature is available for approved partners whose business model includes processing payouts on behalf of third parties, such as:- Fintech companies or remittance providers
- Payment and financial service platforms
- Cooperatives or microfinance institutions
- NGOs and development programs
To enable this feature, please contact us at
support@yabetoopay.com