Recurring payments, an abundance of free Sub-wallets and many more
Hello Wallet Nation!
We hope you’ve been keeping safe and staying healthy as we navigate this pandemic! As always, we are always thinking of you, that is why we are continuously coming up with new features for you. Here are a few things we have been working on these past few months:
Transaction Limits on Dollar Cards
In order to deal with increasing demand for USD to transact with your cards, there will now be a $250 cap per day on dollar card top ups. This means you won’t be able to load your card with more $250 in 24 hours. We understand this might be a little bit inconvenient and be rest assured we are working hard to ensure we meet demands.
5,000 Sub Wallets for free!
A product that really excites us internally is our sub wallets products, we’ve seen hundreds of creators in the past year work on amazing products in credit, wealth management and digital wallets. We want to encourage more builders and that’s why we are upgrading the number of wallets that can be created for free from 100 to a whopping 5,000!
This way, creators can focus on building, knowing fully well that we’ve abstracted all API integrations you need to setup your fintech app into a neat single API.
Introducing Recurring Payments
For the past year, we’ve watched some of our customers come to perform the exact same transactions repeatedly, this behaviour is common with businesses who use our product to process payroll and make recurring card payments on software services.
Going forward, there’ll be an option to make every transaction on our platform a recurring transaction either weekly or monthly. This feature applies to bank wires, airtime purchase, bills payment and card transactions.
Users can do this by creating a new schedule after a transaction has been completed successfully.
We thank you for your continuous patronage and do have a great week ahead!