VoPay has introduced support for PayPal and Venmo payouts, enabling businesses in North America to send funds directly to these digital wallets in real time.
The feature extends the company’s embedded payments infrastructure, offering additional payout channels for platforms that need to accommodate different user preferences. According to VoPay officials, the update responds to the growing demand for faster and more flexible payout options across sectors such as gig work, lending, insurance, and online marketplaces. Many of these industries rely on timely transfers to maintain user engagement and reduce operational bottlenecks.
Details of the new payout methods
Through VoPay’s platform, businesses can initiate PayPal payouts in both Canada and the US, and Venmo payouts in the US alone. Transfers can be directed to recipients using their email, phone number, or wallet identifiers, with delivery taking place instantly. The methods are available through either the VoPay API or its online portal, both of which include reporting and reconciliation tools.
Representatives from the company said that giving users multiple payout options helps minimise failed transactions and cuts down on reprocessing costs. They added that providing instant access to funds through familiar wallets may also reduce customer service issues.
The company noted that PayPal’s active global user base, alongside Venmo’s popularity in the US, increases the likelihood of successful disbursements. By integrating these methods, platforms can reach wider audiences while keeping operational oversight within the same compliance and reporting framework.
Existing VoPay clients can enable PayPal and Venmo payouts without additional development work, while teams using API integrations can add them to current configurations. According to VoPay, for new adopters, the inclusion of these methods highlights how digital wallets are becoming standard in payout infrastructures across multiple industries.
