What is Onlypay and what do they do?
Onlypay is a global payment service provider offering acquiring and wallet aggregation solutions for online businesses. The company enables merchants to accept and send payments worldwide, supporting international credit cards, digital wallets, bank transfers, and local payout methods across more than 60 countries.
Its platform serves as a comprehensive payment ecosystem designed to simplify cross-border commerce. Through an integrated payment gateway, Onlypay allows merchants to process card-not-present and mobile payments, peer-to-peer transfers, and payouts. The system supports both business-to-business (B2B) and business-to-consumer (B2C) transactions, including corporate and private payouts, making it suitable for complex digital commerce environments.
Beyond payment acceptance, Onlypay provides tools for fraud prevention and intelligent risk management, helping businesses minimise chargebacks and unauthorised activity. Its analytics and reporting features offer detailed visibility into transaction flows, while its API-first infrastructure enables seamless integration with merchants’ systems and platforms. The company also supports advanced use cases such as AI-driven market expansion, gaming item payments, and short-video monetisation, reflecting its focus on enabling cross-border digital economies.
Who is it for?
Onlypay caters to a diverse range of online businesses seeking to expand globally and handle multiple payment methods efficiently. It supports merchants across industries such as retail, gaming, gambling, forex, cryptocurrency exchanges, CBD, and dating services. The platform is built for companies of all sizes — from startups exploring international markets to established enterprises managing high transaction volumes.
The provider serves clients registered in regions including Hong Kong, the United States, Singapore, Indonesia, and Japan, offering localised payment methods and settlement options. This geographic coverage makes Onlypay particularly relevant for businesses targeting Asia-Pacific and global cross-border trade.
Why do businesses choose Onlypay?
Merchants choose Onlypay for its broad payment coverage, global reach, and intelligent risk management capabilities. Key advantages include:
- Global reach: Support for over 60 countries with multi-currency acceptance and settlement, facilitating seamless international commerce.
- Comprehensive payment options: Acceptance of major credit cards (Visa, Mastercard, American Express, Discover), digital wallets, bank transfers, and local payment methods.
- Smart risk management: Built-in fraud detection and AI-based risk scoring to protect merchants from fraudulent activities.
- Flexible payouts: Options for global vendor and employee disbursements, supporting both corporate and private accounts.
- Cross-border enablement: Tailored solutions for reverse cross-border shopping, market entry, and regional payment preferences.
- Ease of integration: API-based setup for quick onboarding and connection to existing platforms or websites.
- Scalable infrastructure: Suitable for high-growth merchants and industries requiring fast, reliable, and compliant payment flows.
Businesses using Corefy can connect their Onlypay MID directly to Corefy’s dashboard in a few clicks, gaining immediate access to this provider without additional integration work.
Is Onlypay trustworthy?
Onlypay is a registered private limited company in the United Kingdom (Onlypay Ltd, company number 14674980) and has been active since February 2023. It operates under relevant UK corporate regulations.
The company follows established payment industry security standards, including PCI DSS compliance, and employs encryption and anti-fraud measures to safeguard data. No verified reports of misconduct or security breaches have been linked to the official service.
As a relatively new but regulated entity with global operations and verified corporate registration, Onlypay demonstrates a growing presence in the international payments space. Its transparent practices, multi-industry coverage, and compliance with recognised standards make it a credible partner for businesses seeking secure and scalable global payment processing.
How to start using Corefy’s Onlypay integration
Connect Onlypay via Corefy and manage it alongside other payment providers. Apply routing rules, monitor performance, and centralise reporting without building or maintaining a separate integration.
- Step 2
Connect merchant account
Add Onlypay account details and credentials in Corefy’s dashboard to establish a secure connection. - Step 3
Set up routing rules
Define routing rules and logic to optimise transactions processed through Onlypay and other PSPs. - Step 4
Go live and monitor performance
Run test transactions, go live, and track your payment performance.
Methods
Supported payment and payout methods available via this connector.
Payments
4Payouts
4Currencies
Currencies available for processing through this connector.
Flows
Supported transaction flows available via this connector.
Features
Functional capabilities supported across available flows.