Improvement
New Balance InterfaceThe Balance page has been updated to provide better visibility into available funds and temporarily held amounts. The different balances are now consolidated into a single balance. Merchants no longer need to select a balance or payment method before making a payment request.The new interface also introduces two categories of held funds:
- Temporary Holds: These include payouts, pending refunds, and pending payment requests. If the operation fails, the held funds are automatically returned to the available balance.
- Risk Reserves: These include disputes (chargebacks) and the rolling reserve, when amounts are held according to the risk policy applied to the account.
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New AccountTap & Go Account : A new account type is now available for Tap & Go merchants. The Tap & Go Account allows you to accept payments directly from your customers via QR Code, USSD, or NFC, without requiring an internet connection (for USSD payments) or a physical POS terminal. Thanks to the Tap & Go mobile app, merchants can now track all transactions made by their customers in one place.Account creation requires submitting information and documents as part of FedaPay’s general KYC process, including the legal representative’s CIP, the IFU, and optionally the RCCM or company registration number.Learn more
Improvement
Account Validation & Risk Management ImprovementsContext : Following an increase in fraudulent transaction reports and to align with regulatory requirements under our license, the account validation process has been revised and improved.
- Introduction of new documents: The Sworn Statement, General Terms of Use (CGU), and Service Level Agreement (SLA) must now be downloaded, completed, and uploaded during the validation process.
- Removal of fields : The signature and Capital fields have been removed.
New
- TAP & GO Available on iOS : The TAP & GO app is now available on iOS. Merchants can download it from the App Store and accept payments directly on their iPhone.
- TAP & GO V2 : In this new version of the app, merchants can now initiate a payment directly via QR Code or USSD for their customers without needing physical support. This update makes payment collection more autonomous, fast, and flexible.
Improvement
Description Field Added for Payouts : An optional description field is now available when creating a payout. It allows merchants to specify the context or purpose of the deposit, improve transaction tracking (Dashboard & API), and simplify regulatory compliance-particularly regarding BCEAO requirements.
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Introduction of momo_test in Sandbox : The momo_test mode is now the sole Mobile Money mode available in the sandbox. It replaces the former operator test environments (MOOV, MTN, etc.), which have been retired to simplify and stabilize integration testing.En savoir plus