App owner service list - v.1
- Ope Adeoye
- Akin Olunloye
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 | With this service, the APP owner can transfer funds from Their account to other bank accounts. | SunTrust | N9 | NIL | NIL | With this service, the APP owner can transfer funds from Their account to other bank accounts. |
Worthy of note
OnePipe continues to add more services and providers. Upcoming services are below.
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Possible relationships with OnePipe
Different organisations can have various modes of relationship with OnePipe.
Role | Description | Business model |
Client [Distribution Partner] | The OnePipe platform is completely white-labelled for clients, who in turn build products on top of it and make it available to the general public. | Clients pay OnePipe an implementation fee to join the platform. Then the commission made available by suppliers is shared between clients and OnePipe. |
App [App owner] | App owners (actual customers or merchants - as the case may be), who integrate to any instance of OnePipe for the purpose of calling APIs on it or consuming any of the services made available there. | Clients may charge a connection fee if they so wish. Then, where applicable, the commission made available by suppliers will be shared with the app owner. Also, where applicable, the fees charged by the supplier could be marked up and passed to the app owner. |
Reseller | Independent sales representatives that understand the OnePipe value proposition and are able to propose and close sales with clients they have relationships with. | A commission on implementation fees by that client once-off. A commission the net income OnePipe makes on usage fees over a 3-year period. |
Provider | These are companies that make their services available on OnePipe for distribution. They do this by implementing specifications made public by OnePipe. | The provider sets a recommended retail price for use of their service (where applicable), but then makes it available at a discount to OnePipe and the clients. In some cases, a provider pays a commission for completed transactions. |
Independent App Store Developer | These are developers or organisations that build unique use cases based around OnePipe APIs and make them available on the OnePipe App Store. | TBD |
Independent Integration developer | These are developers or organisations that help providers convert their services to acceptable OnePipe implementations. | Once off payment by OnePipe or the provider for the development effort |
Further reading
See here.
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