Rexial logo

Rexial

by Rexial · Since 2023
No reviews yet
Active1+ countriesCloud
Quick facts
VendorRexial
Year launched2023
StatusActive
Location13B Nyangweso Road, Kampala, Uganda
Countries served1+
Languages1
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesYES

About Rexial

Rexial is a payment solutions platform from Rexial that automates recurring payments for businesses and consumers across Uganda. It provides AutoDebit, a news section, customer stories, API documentation, and a change log so businesses can collect recurring payments effortlessly. This platform is designed to address the significant reliance on one-off payments for recurring bills while supporting the rapid growth of businesses in Africa's evolving payment landscape. Rexial's solutions help simplify the payment process and facilitate financial management through automation. Key capabilities: AutoDebit Newsroom Customer Stories API Documentation Change Log Best for: businesses and consumers that need automated payment solutions for recurring transactions.

REXIAL is a FinTech platform from Uganda designed to modernize recurring payments across Africa by automating direct debit collections from bank accounts and mobile money wallets. Launched in 2023, the product targets merchants, developers, and banks looking to simplify subscription billing and periodic revenue streams without relying on cards or manual reconciliation. The strength of REXIAL lies in its API‑first architecture, which allows developers to embed direct debit capabilities quickly into websites and mobile applications. It also offers a dashboard for merchant payment tracking and a consumer app that centralizes the management of subscriptions, utilities, and insurance payments — a valuable tool in markets where mobile money and bank payments dominate. Support tends to be email and phone‑based, with direct access to developer documentation and operational assistance through official channels. While the platform doesn’t feature an in‑app marketplace or extensive community forums, REXIAL’s integration with local payment rails and acceptance within regulatory sandboxes like Uganda’s positions it well for African enterprises. Its focus on automation and reduced processing fees gives merchants a compelling alternative to traditional payment methods.

Pros & Cons

Pros
  • Simplifies recurring payment collection, reducing manual effort and ensuring timely transactions
  • Provides secure, API-first integration allowing developers to implement direct debit quickly
  • Supports both bank and mobile money accounts, increasing customer reach and convenience
  • Centralized dashboard gives merchants real-time insights into recurring payment collections
  • Facilitates automated subscription and utility payments, reducing late payments and churn
Cons
  • Dependent on banks and mobile money providers for mandate activation, causing potential delays
  • Consumer app functionality may require onboarding and tech literacy
  • Some advanced features like analytics or reporting require technical knowledge to implement

Features

Key features

Automated Direct Debit

Enables merchants to collect recurring payments directly from bank or mobile money accounts at fixed intervals

API Integration

Provides secure API access for developers to integrate direct debit into websites and mobile applications

Subscription & Utility Payments

Supports recurring payments for subscriptions, utilities, savings, and insurance services

Consumer Management App

Offers a centralized app for consumers to manage and monitor all recurring payments

Direct Debit Mandate Onboarding

Allows digital creation and activation of payment mandates for merchants

Dashboard Reporting

Provides transaction monitoring and insights for merchants to track recurring payments

Bank & Mobile Money Support

Works seamlessly with both traditional bank accounts and mobile money wallets

Additional features

Developer APIs

Secure APIs for embedding direct debit workflows into applications

Bank & Mobile Money Support

Supports payments from both bank and mobile money accounts

Direct Debit Mandate Onboarding

Enables customers to authorize merchants for recurring payment collection

Dashboard Reporting

Real-time reporting and monitoring of transactions for merchants

Support for Variable & Fixed Payments

Allows flexibility in setting fixed or variable payment amounts

Subscription & Utility Payments

Facilitates automated billing for subscriptions, utilities, insurance, and savings

Consumer Management App

Centralized platform for managing personal recurring payments

API Integration

Easy integration with merchant websites and apps for recurring payments

Automated Payment Processing

Processes recurring payments automatically once mandates are active

Regulatory Compliance

Operates within Bank of Uganda sandbox and adheres to local payment regulations

Pricing

Free trial
Free version
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Countries & Languages

1
Countries served
1
Interface languages
5
Billing currencies

Available in

Africa

Interface languages

English

Billing currencies

🇺🇬UGX🇺🇸USD🇪🇺EUR🇬🇧GBP🇰🇪KES

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