What is VelPay and what do they do?
VelPay is a payment ecosystem that enables businesses to receive, send, and exchange funds across both fiat and cryptocurrency channels. Combining flexibility, speed, and security, VelPay provides a unified platform for handling online transactions, mass payouts, and digital settlements. Its infrastructure supports a range of payment methods — including bank cards, digital wallets, and cryptocurrencies — making it suitable for companies that operate in dynamic, multi-channel environments.
VelPay’s core offering is a multi-functional payment gateway that delivers instant transactions, real-time notifications, and secure fund transfers. The platform also includes tools for analytics, reconciliation, and mass payouts, allowing businesses to manage payments efficiently from a single dashboard. With built-in support for recurring billing, one-click payments, and multi-currency acceptance, VelPay aims to simplify global payment operations for merchants while maintaining compliance and data security.
Who is it for?
VelPay is designed for e-commerce merchants, service providers, and enterprises seeking an all-in-one payment platform that accommodates both traditional and digital assets. It serves a wide variety of use cases across industries such as retail, hospitality, digital services, and fintech, providing scalable solutions for:
- Online retailers expanding into new markets with multi-currency and crypto-friendly payment options.
- SMEs and large enterprises that require efficient payout systems for employees, partners, or affiliates.
- Businesses accepting both crypto and fiat payments, aiming to streamline operations under one integrated solution.
Its combination of API integration, mass payout functionality, and 24/7 support makes VelPay a strong fit for fast-growing, transaction-heavy businesses that prioritise both flexibility and security.
Why do businesses choose VelPay?
Businesses choose VelPay for its versatile payment capabilities, transparent pricing, and enterprise-grade security. The platform’s design prioritises ease of integration, global reach, and customer trust, offering several key advantages:
- Comprehensive payment coverage: Accepts and processes both fiat and cryptocurrencies through one unified system.
- Fast transaction processing: Instant settlements with real-time notifications reduce waiting times and improve customer satisfaction.
- Mass payouts: Supports bulk disbursements to employees, partners, or affiliates with automated reconciliation tools.
- Enhanced security: Compliant with PCI DSS standards, two-factor authentication, and continuous fraud monitoring ensure data protection.
- User-centric dashboard: A clear, intuitive interface for managing reports, transactions, and analytics in real time.
- No hidden fees: Transparent pricing without extra commission or subscription costs.
Businesses using Corefy can connect their VelPay MID directly to the Corefy dashboard in just a few clicks to access routing, cascading, and real-time analytics—no additional integration work required.
Is VelPay trustworthy?
VelPay is recognised as a secure and compliant payment provider, adhering to PCI DSS standards and implementing strong encryption and authentication protocols. Continuous fraud detection systems and strict adherence to global compliance frameworks ensure that all transactions meet industry-level safety requirements.
Its focus on transparency, operational reliability, and 24/7 customer support reinforces trust among its clients. The platform’s security-first approach, coupled with its flexibility to support both crypto and fiat transactions, positions VelPay as a dependable, forward-looking solution for businesses aiming to modernise their payment operations while maintaining confidence and control.
Start using Corefy’s VelPay integration
Building a payment brand from scratch takes years. Our white-label solution gives you enterprise-grade infrastructure, 500+ integrations, and smart tools — routing, reconciliation, analytics — all wrapped in your brand and ready to launch.
- Step 2
Check integration availability
Visit our Integrations Hub to see if VelPay is already connected. - Step 3
Connect merchant account
Add VelPay account details and credentials in Corefy’s dashboard to establish a secure connection. - Step 4
Set up routing rules
Define routing rules and logic to optimise transactions processed through VelPay and other PSPs. - Step 5
Go live and monitor performance
Run test transactions, go live, and track your payment performance.
Methods
These methods are implemented through the VelPay Connector and can be managed centrally in your Corefy dashboard
Payments
1Payouts
1Currencies
Currencies in which the provider accepts payments or makes payments and which are sold by us.
Flows
Provider flows implemented by us. A payment transaction flow is the journey of payment from start to approval and credit funds.
Features
VelPay Connector supports the following capabilities when integrated via Corefy.