TL;DR: This document shows a list of all the services available on OnePipe from a host client perspective. These are customers for whom OnePipe is white-labelled.
Overview
OnePipe makes available an array of services from multiple partners, then white labels it for distribution partners to offer it to their own customers under a revenue share arrangement with the underlying suppliers of those services. Distribution partners can also choose to use the services for their own internal products and consumption.
The array of services is not limited as OnePipe continues to identify and integrate more suppliers and services on an ongoing basis.
List of services
Service | Description | Suppliers | Fees | Margin | Comm. | Procedure |
Charge | OnePipe will provide The Customer and its connected Apps with the ability to pass in a user’s card, wallet or account details along with a payment reference number. The user’s account, wallet or card would be debited and the merchant account of The Customer would be credited. | Paystack | 1.5% | 0.15% | NIL | OnePipe maintains a contract with the supplier on behalf of the distribution partner OnePipe sets up a merchant account with the Supplier under OnePipe aggregator agreement At T+ 1, the supplier settles into the OnePipe Collections account setup for the distribution partner. OnePipe provides settlement reports with which the distribution partner can debit collections account, credit merchant, OnePipe and their own income account. |
Flutterwave | 1.4% | 0.2% | NIL | |||
Quickteller | 1.25% | 0.5% | NIL | |||
QTTransfer | N52.50 | N34 | NIL | OnePipe maintains a contract with the supplier on behalf of the distribution partner OnePipe sets up a new terminal ID with the Supplier under OnePipe integration agreement At transaction time, the payer’s card is debited and the merchant's account with the distribution partner is credited. At T+ 1, the supplier settles principal into the distribution partner’s TSS account and settles the fee commission into the OnePipe Collections account setup with the distribution partner. OnePipe provides settlement reports with which the distribution partner can debit collections account, credit merchant, OnePipe and their own income account. | ||
Loan request | OnePipe will provide the distribution partner and its connected Apps with ability to pass in a user’s phone number, the user will receive some loan offers, accept one and their account will be credited with the money, payable per the terms of the loan. | Interswitch Lending Services | NIL | 1% | 0.85% | OnePipe maintains a contract with the supplier. At T+ 1, the supplier settles the commission to OnePipe. And OnePipe in turn settles the distribution partner. OnePipe provides settlement reports with which the distribution partner can debit collections account, credit app owner a portion of the commission and then credit OnePipe and their own income account. |
Loan Score | OnePipe will provide the distribution partner and its connected apps with ability to pass in a user’s phone number, then retrieve an estimated loan risk evaluation result as provided by the range of underlying providers. | SecondScore | N20 | N10 | NIL | The App owner will maintain an account with the distribution partner At T+1, OnePipe provides settlement reports with which the distribution partner can debit the App owner’s account, credit OnePipe and The distribution partner income accounts. |
Airtime | OnePipe will provide The distribution partner and its connected apps with ability to debit a customer’s card and credit their phone number with airtime. | Quickteller | NIL | 3.2% | 1.9% | OnePipe maintains a contract with the supplier. At T+ 1, the supplier settles the commission to OnePipe. And OnePipe in turn settles the distribution partner. OnePipe provides settlement reports with which the distribution partner can debit collections account, credit app owner a portion of the commission and then credit OnePipe and their own income account. |
Bill Payment | OnePipe will provide The distribution partner and its connected apps with ability to debit a customer’s card and pay a bill on their behalf | Quickteller | NIL | N60 | N36 | |
Linked cards | OnePipe will provide The distribution partner and its connected apps with ability to pass in a user’s phone number and retrieve an estimate of bank cards linked to that phone number. | Quickteller | N20 | N20 | NIL | The App owner will maintain an account with the distribution partner. At T+1, OnePipe provides settlement reports with which the distribution partner can debit the App owner’s account, credit OnePipe and The distribution partner income accounts. |
Linked account | OnePipe will provide The distribution partner and its connected apps with ability to pass in a user’s bank card number and retrieve the account number linked to it. | Quickteller | N20 | N20 | NIL | |
Account information | OnePipe will provide The distribution partner and its connected apps with the ability to pass in a user’s bank account number and retrieve the details on the account like Name, Address, etc. | Interswitch Lending Services | N20 | N20 | NIL | |
SunTrust | NIL | NIL | NIL | |||
BVN Lookup | OnePipe will provide The distribution partner and its connected apps with the ability to pass in a user’s bank account number and retrieve the linked to the BVN of a potential borrower. | SunTrust | N15 | N4 | NIL | |
Disbursement | Onepipe will provide the customer the ability to pass an account number and transfer funds from the App Beneficiary account to the account number passed. | SunTrust | #9 |
Worthy of note
OnePipe continues to add more services and providers. Upcoming services are below.
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Further reading
See here.
Other topics
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