All You Need To Know About Our New Payments API

We are pleased to announce the launch of our Payments API solution for our corporate clients as we take another stride in financial inclusion for all.  

Yellow Card is famous for our crypto service, allowing Africans to buy, sell, and trade crypto with local African currencies via multiple deposit and withdrawal methods. Additionally, our Yellow Pay payment feature has been integral in enabling the simple, instant and cheap transfer of money across Africa.

On this note, we are proud to include a feature for Business owners, enabling them to facilitate and expand their business across Africa with our broad spectrum of services. With this addition, we can extend our complete, scalable e-commerce solution to business owners, thus allowing them to focus on adding value to their customers.

Yellow Card’s Payments API and How it Benefits Business Owners

The economy is primarily digital, and many consumers rely on digital payments to access the necessary goods and services. However, several business owners need help finding a trusted payment option that allows their customers across Africa to pay for their products and services easily. Here’s how Yellow Card helps:

1. Business Expansion and Remittance: We are rolling out a Business solution to multiple partners across international markets, including top retail brands and financial institutions. Merchants can now support their customers, offering them payment options previously unavailable by enabling easy means of money transfers. 
   By enabling them to access the entire African continent via a single API, Yellow Card assists these business owners in expanding their operations.
2. Seamless payment system: With our API tools, a trusted, quick and effective payment system is embedded directly into the business owner's platform. Therefore, customers can complete seamless deposits and withdrawals within the Merchant’s app instead of going to another app, portal or website. 
3. Liquidity and Treasury Management: Customers initiate payments seamlessly, and business owners can manage liquidity and track transactions while Yellow Card invisibly works to create a seamless process. Additionally, Yellow Card helps to provide on-chain quantitative data with our industry experts who understand your business needs to deliver a complete end-to-end commerce solution. 
4. Safeguard against inflation: With inflation rising, Yellow Card also helps protects merchants from the inflation and instability associated with African currencies and banks by allowing them to hold their funds in USDT. 
5. Reliability and zero downtime deployments: Our infrastructure and systems are built on blockchain technology. Since there is zero chance of downtime, business partners can utilise our API solution around the clock. Thus, allowing reliable and seamless transactions for your customers. 

With a presence in over 16+ countries, Yellow Card's Payments API provides access to African fiat liquidity, on-and-off ramps, and treasury management services.

How the Yellow Card Payments API Works

Once Yellow Card’s API is integrated into the merchant’s software, the solution works on-ramp and off-ramp to allow for seamless transactions.

For Deposits (on-ramp): A customer initiates a transaction and, within the app, completes a local transfer to a local YC account. Yellow Card confirms the proof of payment and approves deposit and credits partners’ USDT/USDC settlement wallet. A request is sent to the partner to credit the customer’s wallet.

For Withdrawals (off ramp): Partner’s customer initiates withdrawal requests, and using FX rates, Yellow Card converts to local currency and, via local offices, credits the customer’s bank accounts or mobile wallets. 

Partners can then manage collections, disbursements, balances and API keys from the Yellow Card business dashboard. 

How To Get Started With Yellow Card’s Payments API

We have created a seamless solution for business partners to expand their business and provide quality, seamless transactions across Africa. Business owners that would like to benefit from Yellow Card’s B2B solution can simply get started by

•  Signing Yellow Card’s API contracts and reviewing its API documentation
• Provide Know Your Business (KYB) for business verification
• Receive API keys and start integrating

That’s all! Yellow Card works in the background to allow for seamless transactions while you focus on your product and services. 

Get started with Yellow Card’s Payments API to enjoy these benefits and more.