About DirectPay
DirectPay is a payment platform from Mono that accepts secure and fast bank payments directly from the customers’ bank accounts—no cards, no manual entry—powered by Open Banking. It provides features for use cases, developers, and instant payment acceptance so businesses can transact more efficiently. With DirectPay, users can facilitate smooth transactions that reduce payment friction and improve cash flow. This platform supports a reliable API that allows for easy integration into existing systems, ensuring a scalable solution for various payment needs. Key capabilities: instant bank payments Open Banking integration API support fraud detection developer-friendly documentation Best for: businesses that need to accept payments directly from bank accounts.
DirectPay Details
DirectPay's In-App Market Place
Does DirectPay have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
NGN
Pros & Cons
- Enables businesses to accept payments without traditional card networks, often lowering transaction fees and reducing friction.
- Improves payment success rates compared to card payments, helping boost revenue and customer retention.
- Secure open banking infrastructure reduces fraud risk and protects customer credentials.
- Offers flexible integration options with both API and no‑code pages, making it suitable for technical and non‑technical teams.
- Real‑time transaction insights help businesses track payments and improve cash management.
- Currently supports only Naira (NGN) transactions from Nigerian bank accounts.
- Requires internet access and user authentication with bank credentials to complete payments.
- Businesses must integrate APIs or create payment pages to start accepting payments, which may require developer effort.
- Transaction limits apply, with minimum and maximum amounts set per transfer.
- Advanced features like settlement webhooks or analytics may require setup and configuration in the dashboard.