Bridging Mobile Money and Card Payments for Everyday Africa

Once a user clears verification, Verso programmatically triggers card creation through OneAfriq, which acts as the card-issuing and wallet provider. A VISA card is generated and linked to the user's Verso account — issued under Verso's single distributor relationship rather than requiring each user to hold their own bank account. Card payments are priced at a flat 1%.

Value-Add: Banking-grade integration with a third-party issuer under a distributor model — card issuance is event-driven off KYC approval, and each user wallet is provisioned beneath one distributor account, abstracting regulated card operations away from the user entirely.

Users send money directly from one OneAfriq wallet to another — fast, secure, and traceable, with no admin intervention required. They can also request money from friends and family and split shared bills, making everyday transfers between people effortless.

Value-Add: A direct wallet-to-wallet rail that deliberately bypasses the admin settlement layer for instant P2P — kept separate from the admin-mediated top-up and withdraw path so peer transfers stay real-time while cross-provider movement stays controlled.

Verso supports paying with a QR code, extending the user's card and wallet to in-person, point-of-sale moments. POS payments also anchor the rewards engine — a referred user's first POS transaction is what unlocks the headline referral bonus.

Value-Add: A QR-driven POS payment flow wired into the same 1%-fee card rails and into the referral engine's first-transaction trigger.

Verso helps users plan ahead, turning vague intentions into trackable personal and business goals. Alongside everyday spending, users set targets and watch their progress — making saving feel deliberate rather than accidental.

Value-Add: A goal-tracking module layered over the transaction ledger, linking real balances and spending to forward-looking savings targets.

After any transaction, users can categorize it to keep spending organized and visible. Thirteen categories — Rent, Groceries, Dining, Travel, Goals, Education, Transport, Healthcare, Personal Care, Savings, Entertainment, Investments, and Others — turn a raw transaction list into an at-a-glance picture of where money goes.

Value-Add: Post-transaction categorization across 13 predefined categories, feeding the budgeting and expense views that give users daily control without manual spreadsheet work.

Every user gets a unique referral code; when a new user signs up with it, the system links referrer and referee and grants 500 points to each. When that referee completes their first POS payment, both sides earn a further 4,500 points — issued exactly once. Points convert to CFA via a fixed formula, and balances are tracked from the user dashboard.

Value-Add: An event-driven points ledger triggered strictly on the first successful POS transaction, with one-time reward locks and post-signup relationship locking to prevent duplicate or fraudulent claims — every grant logged and adjustable from the admin panel.

The web-based admin panel is the control layer between users, mobile-money partners, and OneAfriq. From it, operators review and approve verification documents, monitor every top-up and withdrawal request, manage OneAfriq distributor transactions, track MMP transfers, and resolve disputes and failed transactions — while maintaining the compliance and audit trail behind every fund movement.

Value-Add: A real-time operations console engineered as the system's source of truth — gating financial actions, reconciling multi-party transactions, and writing an audit log for every credit, payout, and reward.

A user opens a free account with basic details, then uploads the required identity documents directly in the app. Those documents are stored securely and routed to the admin panel, where a reviewer manually approves them; only after approval is the user marked Verified — and only then can a card be issued. This keeps onboarding compliant and controlled.

Value-Add: A secure document-capture and storage pipeline feeding a verified-state machine that gates every downstream financial capability — compliance-first onboarding rather than open, automated account creation.