Velo Payments APIs

api:velopayments.com · v2.34.63 · source: apis.guru

Terms and Definitions Throughout this document and the Velo platform the following terms are used: Payor. An entity (typically a corporation) which wishes to pay funds to one or more payees via a payout. Payee. The recipient of funds paid out by a payor. Payment. A single transfer of funds from a payor to a payee. Payout. A batch of Payments, typically used by a payor to logically group payments (e.g. by business day). Technically there need be no relationship between the payments in a payout - a single payout can contain payments to multiple payees and/or multiple payments to a single payee. Sandbox. An integration environment provided by Velo Payments which offers a similar API experience to the production environment, but all funding and payment events are simulated, along with many other services such as OFAC sanctions list checking. Overview The Velo Payments API allows a payor to perform a number of operations. The following is a list of the main capabilities in a natural order of execution: Authenticate with the Velo platform Maintain a collection of payees Query the payor’s current balance of funds within the platform and perform additional funding Issue payments to payees Query the platform for a history of those payments This document describes the main concepts and APIs required to get up and running with the Velo Payments platform. It is not an exhaustive API reference. For that, please see the separate Velo Payments API Reference. API Considerations The Velo Paym

[![Connect-MCP](https://clawy.uk/mcp/badge/api%3Avelopayments.com.svg)](https://clawy.uk/mcp/s/api%3Avelopayments.com)