PayPal & Venmo

Overview

VoPay supports sending payouts to recipients via PayPal and Venmo. Both services allow you to disburse funds to a recipient's PayPal or Venmo account using their email or phone handle. Recipients can be linked via an embedded iframe and stored on file for future payouts.

Use Cases

• Marketplace Payouts — Send earnings to sellers or service providers directly to the PayPal or Venmo account they already use.
• Gig Worker Disbursements — Pay contractors and freelancers to their preferred digital wallet without requiring bank account setup.
• Refunds — Return funds to customers through the same PayPal or Venmo account they originally paid with.
• Incentive and Reward Payouts — Distribute referral bonuses, cashback, or promotional credits to customers instantly.
• Insurance Claim Payouts — Deliver claim settlements to policyholders via their preferred digital payment account.

Settlement Times