Rapyd Payout API
Payments · Banking & Fintech
Rapyd is a global Fintech-as-a-Service (FaaS) platform that provides businesses with a single API to collect payments, disburse payouts, and manage financial operations across 100+ countries and 900+ local payment methods. Founded in 2016 and headquartered in Tel Aviv, Israel, Rapyd is backed by Stripe and other major investors, and has a community of 50,000+ developers.
Rapyd Payout API Highlights
Rapyd Payout API is verified for developer integrations in Nigeria and across African markets, providing documented endpoints, sandbox testing, and developer support.
HMAC Signature (access_key + secret_key, SHA256 signing)
50,000+ developer community; specific limits not published
Nigeria
Ghana
KenyaRapyd Payout API is best for:
Global businesses and fintech platforms needing a single API to collect payments and disburse payouts worldwide with Nigeria potentially accessible through Rapyd's local payment method network in Africa.
- Transaction-based pricing
- FX fees apply for currency conversion
- Exact rates vary by payment type and corridor
- Contact Rapyd for pricing
Rapyd Payout API Core Features & Capabilities
Features Included
Not Supported
Rapyd Payout API Supported Webhook Events
Webhooks supported (Webhooks). Check official documentation for endpoint setup.
Required Access Documents for Rapyd Payout API
- Rapyd Business AccountRequiredRegister at rapyd.net with a business from a supported country. Nigeria-registered businesses should contact Rapyd to confirm onboarding eligibility.
- Business VerificationRequiredCompany registration and compliance documents required during Rapyd onboarding.
Different Rapyd Payout API use cases
- Global Payment Acceptance:Platforms serving African users including Nigeria can use Rapyd to accept local payment methods across 100+ countries through a single API integration.
- Multi-Currency Payout Disbursement:Nigerian platforms paying international contractors can use Rapyd to disburse in local currencies worldwide while managing FX conversion through Rapyd's built-in currency services.
- Embedded Multi-Currency Wallet:Fintech apps can use Rapyd's wallet API to create multi-currency wallets for users storing and transferring funds in multiple currencies with built-in FX conversion.
- Local Payment Method Testing:Nigerian developers building global products can use Rapyd's sandbox to test payment flows across 900+ payment methods from Africa, Asia, Europe, and Latin America.