Monnify Wallets

Monnify wallets is an API infrastructure service that provides developers and businesses with the functionality to create and manage digital wallets for their business operations or for servicing their customers.

With the Monnify wallet APIs, merchants are able to 

  1. Create new wallet

  2. Get All Wallets

  3. Credit Wallets with the Top-up Account Number

  4. Debit Wallets with Disbursement APIs

  5. Check Balance

Use Cases

Wallet as a Service (WaaS) can be utilized in various use cases across different industries.
Here are a few examples:

  1. Embedded Wallets for Financial Applications 

FinTech Businesses can integrate Monnify Wallets into their application to leverage the API capabilities to offer their customer’s wallets. Financial applications such as budgeting tools, personal finance management apps, or investment platforms can leverage these set of APIs to save development time.

2. Expense Wallets for Other Business Platforms: 

Monnify Wallets can be integrated into different types of commercial platforms that offer users the ability to own a wallet and prefund on their platform where they can spend from. It allows these types of businesses to manage a ledger system easily for each customer, track incoming payments, and manage transaction history. For example; Ride hailing applications, Restaurant.

 

 

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