Features & Benefits
Enhanced with the latest in payments technology.
Put your trust in our platform
Velo provides the most comprehensive payout solution to exceed the needs of the marketplace today and future proof payments for years to come. With an easy to use, mobile-first design, coupled with an additional layer of transparency and data, Velo provides a solution that can save users valuable time and resources.
Premium data dialogue
The Velo platform removes client burden. Once onboarded, payments are made to a Payee, not a bank account. Any change to payment instructions is managed by the Payee. Client's pay their payee not accounts.
We have a streamlined interface for Payees to onboard and provide their payment preferences so they can be paid. Onboarding includes KYC/KYB checks and multiple automated processes including screening against OFAC, Sanctions and AML lists.
The Velo platform supports on-demand reporting that can be generated in our customer facing Portals. All information related to Payees and payments can be queried by our API.
Who are we after?
If you are innovative, curious, a team player, a go getter and have a passion to change the world, Velo is the perfect team for you.
The best tool for clients
The Velo Platform uses the latest technology to save clients time and resources. The platform cuts manual processes and costs by reducing errors and exceptions with beneficiary directed payments. In addition, it provides all-party access to unified real-time payment information, increasing self-help capabilities while reducing customer service needs.
Features for clients
Enable your Payees
The Velo Platform allows recipients the freedom to onboard themselves and choose where their payments go. With an intuitive UI, beneficiaries can manage their profiles and track payment lifecycles.