Payment Checkout Channels and Payment Methods
Payment checkout channels are the conduits (pipes) through which payments flow on the Vendy platform. Currently, there are two checkout channels: Unstructured Supplementary Service Data (USSD) and Whatsapp.
USSD checkout channel: It is an offline checkout channel that enables customers without an internet connection to make payments make payments but with a few limitations.
50 Naira is the minimum amount that can be transacted in a session
20,000 Naira is the maximum amount that can be transacted in a session
Whatsapp checkout channel: It is an online checkout channel which leverages Whatsapp for completion of the payment flow. It has no limitations.
A payment method is the process used to make the payment, they can be found on both checkout channels. Vendy offers a variety of payment methods:
- Vendy Direct: This method entails payment directly from the customer’s bank account. Learn More about payment via Vendy Direct
- Vendy Wallet: A customer can choose to retain a secure wallet with Vendy from which to make payment during checkout. When created, this is the fastest way to make payments on Vendy. Learn more about payment via Vendy Wallet
- Pay with Debit Card: This payment method involves using a debit card to complete payments. A major feature that comes with this payment method is the customer can choose if to use the card for a one time payment or save the card to be reusable for future payments. Learn More about payment with Debit Card
- Pay with Bank Transfer: In this payment method, a temporary account number is created for the customer to make a transfer of funds to. Learn more about payment with bank transfer