VoPay Expands Real-Time Payouts with PayPal and Venmo
VoPay Expands Real-Time Payouts with PayPal and Venmo
Vancouver-based VoPay, an API-first embedded payments provider, has expanded its infrastructure to support instant payouts through PayPal and Venmo. Businesses can now send funds directly to customer accounts via API or a no-code portal.
Key Features of the Update
PayPal Payouts (Canada + U.S.): Send funds to PayPal accounts using email, phone, or PayPal ID
Venmo Payouts (U.S. only): Withdraw directly to Venmo with email, phone, or handle
Real-Time Delivery: Instant transfers to speed up payments
Unified Access: All payout methods available through VoPay’s API and portal, with advanced reporting and reconciliation
White-Label Ready: Businesses can brand payout options for a seamless customer experience
Why This Matters
The demand for faster, flexible “money in, money out” is growing. By adding PayPal and Venmo, VoPay helps businesses:
✅ Reach 500M+ PayPal users and millions of Venmo users
✅ Improve payout success with multiple options
✅ Boost satisfaction and loyalty with instant payments
✅ Maintain compliance and operational control with VoPay’s reporting tools
What This Means for the Industry
Marketplaces:
Faster seller payouts build trust and engagement.
Gig Economy Platforms:
Daily earners like drivers and freelancers get paid instantly.
Lending Platforms:
Approved borrowers receive funds in real time.
Insurance and Reimbursement Providers:
Claims and expenses settled faster, cutting support issues.
So What’s Next?
For VoPay Customers: PayPal and Venmo payouts are already live inside the payment link solution, ready to deploy with almost no setup.
For Teams: Easy integration of PayPal and Venmo into existing payout flows, with full compliance and reporting tools.
For Businesses: A showcase of how VoPay centralizes multiple rails and wallets - adding trusted brands like PayPal and Venmo to drive loyalty and reduce friction.
VoPay’s update is another step toward making instant, flexible payments the new standard.