Payments & payouts
Merchant KYB and payout checks
CAC lookup with directors, BVN match for owners, name enquiry on every payout and bulk jobs for disbursement runs.
The flow
What runs, in order.
Each step links to a Speedmap service with its own page, docs and test values. Rules decide what happens between steps.
- 01Verify the merchantCAC registration status, company type and directors by RC number or TIN.Business Verification
- 02Verify the ownerBVN boolean match for each director or for the sole trader.BVN Verification
- 03Check the settlement accountName enquiry matched against the registered company name or the verified owner.Bank Account Verification
- 04Run the payout batchUp to 10,000 beneficiaries per job, with PII-free results in the dashboard or by webhook.Bulk Verification
- 05Guard account changesScore SIM-swap recency on the phone before a settlement account is changed.Fraud Signals
What changes
What the flow gives your team.
Mismatched rows held, not batches
A row with name_match: false is held while the rest of the batch proceeds.
Published prices per check
Indicative list prices in naira; failed calls and idempotent retries are never billed.
One audit trail per merchant
Company, owner, settlement account and every payout check sit in one workspace.
FAQ
Payments & payouts questions.
- Which banks and wallets are covered?
- Commercial banks, microfinance banks and mobile money operators addressed by CBN bank code. GET /v1/banks lists them.
Other solutions
Flows for other sectors.
Lending
BVN boolean match on up to six details, fraud signals, face liveness and an account name check before disbursement.
Marketplaces
CAC lookup for registered sellers, NIN for individuals, AML screening and a settlement account check, in one hosted link.
Mobility & logistics
Active liveness, driver’s licence capture and a NIN check on the driver’s phone, with bulk re-verification for fleet audits.
Start verifying in minutes. Go live when you’re ready.
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