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Wallet to Wallet payments
The safest way to pay !
Payments are made wallet to wallet, no need for a bank account number or payid and sender and recipient get instant notification of payment. No Fraud, No Mistakes.
Our Services
Payments using Wolyt are fast, transparent, immune to fraud or mistakes
We enable company payments, that are remitted to suppliers, tradespeople, and contractors without the need to gather and manage recipient bank accounts. Especially when paying multiple contractors in multiple pay runs and for international bank transfers.
Wallet to wallet payments,
Secure, instant and transparent
Reduce fraud and remove doubt and anxiety when sending money to recipient bank accounts.
Wolyt ensures instant and safe payments because money is transferred to known bank accounts on the Wolyt network. These bank accounts are fixed to the profile of the recipient and are never changed, ensuring a guaranteed transfer of funds to the right place instantly.
Wallets for Receivable and customer payments
Receive payments from customers, and provide access to short term loans in the form of benefits and discounts. Get paid with no fear of mistaken bank accounts or delays. Customers may top up their wallets for instant cash back rewards, to ensure purchases are covered. Money is instantly received, and confirmed by view to both sender and receiver. Remove doubt and waiting, and settle payments on time.
Loans are available for factoring invoices.
Wallets for Payables
Pay suppliers safely, with no fear of fraud, through changed or mistaken bank account. Money is instantly received, and confirmed by view to both sender and receiver. Remove doubt and waiting, and settle payments on time.
Loans are available for assisting with cash flow, build up your reputation and increase credit limit.
Wallets for employee wages
Pay employees and wage earners by issuing wallets that reflect accrued earnings. Money may be drawn down in advance based on preset agreements with HR.
Loans are available for assisting with payroll cash flow.
About
Wolyt Payment
No recipient bank account details needed.
Bank accounts setup for the purpose of a payment. A Wolyt account is similar to an escrow account but more powerful.
Ideal for paying multiple contractors in pay runs, or settling acquisitions and large transactions.
About
Wolyt Payment
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Payments Process - Payables
the money is remitted wallet to wallet, within the one banking environment, and
no interbank transfers are required.
Select Recipients Wolyts
Select the recipients for the money and payments you would like to send. Option to connect your accounting system and use contractor bills for controlling the payments out.
01
Invite recipient payees
Confirm the ampunt to send to each recipient wolyt.
02
Complete payment
Following the payments, the money that is sent will immediately appear in the wallet with visibility of both parties. Both the payee and payor will be notified of the completed money transfer.
03
Payments Process - Receivables
Setup a receiving Wolyt ( wallet + bank account) for your customers.
They can use the wallet to send you money.
Their payment is sent to this wallet, and stays there until you draw it down.
Connect accounting system
Setup a receiving Wolyt ( wallet and bank account for your customers. They can use the wallet to send you money. Their payment is sent to this wallet, and stays there until you draw it down.
01
Invite customers & payors
Each customer / payor gets their own fixed bank account that they will always use to pay you. This gives the payor confidence that this will never change.
02
Complete payment
Following a payment of funds, the money that is sent will immediately appear in the wallet with visibility of both parties. Notification is sent to both payee and payor.
03
onnect accounting system
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onnect accounting system
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What Our Clients Say About Us
What's New
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