About This File
Boompay is a Modern Payment Gateway PHP Script made with Laravel Framework. Its Built to be beautiful, fast, and powerful. It supports the transfer of money to anyone, requesting money, storefront, invoice, payment buttons(single charge and donation service), virtual cards, bill payment(Nigeria), subscription service, sub-accounts, website integration(HTML checkout), business compliance, and more. it’s easy to install our system within 5 minutes without any technical knowledge.
DISCLAIMER
Clients actively using v3.0 below, won’t be able to upgrade to the latest version because of the database huge revamp, kindly understand we haven’t provided backlogs on how to update yet.
COUNTRY RESTRICTION
Blocking of users in a country that was disabled from logining in now available with country restriction
INTRODUCING STRIPE CONNECT
Stripe connect has been integrated to make payouts easy as possible, this feature is optional as it’s advisable to enable compliance restriction when using this as custom accounts will be restricted if this is not enabled and not compliance not verified by admin
BILL PAYMENT
Bill payment is only supported for NGN as default platform currency, it works instant provided your flutter wave account has funds. Type of bills processed by boom pay includes; airtime, data bundle, electricity, & cable tv. Wondering how can make money from bill payment, you can add charges to every successful bill payment made on the platform. Bill payment can only be paid with a boom pay account balance.
VIRTUAL CARDS
Boompay enables users to convert account balance to virtual cards with limits such as how much a card can hold. admin makes money from card creation fees. The card can be terminated or funded anytime.
CURRENCIES SUPPORTED BY VIRTUAL CARD
BIF, CAD, CDF, CVE, EUR, GBP, GHS, GMD, GNF, KES, LRD, MWK, MZN, NGN, RWF, SLL, STD, TZS, UGX, USD, XAF, XOF, ZMK, ZMW, ZWD
PAYMENT GATEWAYS AVAILABLE FOR FUNDING
- Stripe
- Bank Transfer(Manual)
- Coinpayment – Bitcoin
- Coinpayment – Ethereum
- Paypal
- Flutterwave
- Paystack
WHY FUNDING ACCOUNT IS IMPORTANT
- Transfer/Request of Money
- Payment Pages or buttons
- Bill Payment
- Website Integration
- Storefront or product purchase
- Invoice Payment
- Subscription service(recurring payment/one-time plan)
STRIPE
Stripe is the default card payment gateway for Boompay script, it can’t be disabled as Boompay needs to process a card payment. The limitations of Stripe are countries where Stripe is not supported, funding of account was added to fix this issue. If you won’t be satisfied with Stripe as you plan to launch your payment gateway in countries where Stripe is not supported. You can hire us to integrate another payment processor that works for you, but ensure the documentation is very good.
HTML CHECKOUT
Receiving money on your website is now easy with simple integration. This document will introduce you to all the basic information you need to better understand our technologies. To start receiving payment on your website, or you need to do is copy the HTML form code below to your website page.
SUBSCRIPTION SERVICE
People have been pretty much confused on what exactly this feature is. let’s say you run a dog food delivery business and you have clients that order food from you weekly, you can create a plan, send the intervals of billing, and set it to your clients for payment.
SUB ACCOUNTS
Sub Accounts is for disbursing your payouts to other bank accounts in percent or flat amounts. This account can be disabled when it’s not in use. All payout charges made to sub-accounts is summed up and taken from your main account
STOREFRONT & PRODUCTS
With a storefront, you can group products and sell them all in one place. Product category, shipping address & rates with more features have been added
TRANSFER & REQUEST MONEY
Users can send money to anyone with an email address. If the email is not registered, an email will be sent to prompt the recipient to register and confirm the transfer was received. The recipient has 5 days to confirm payment else money will be refunded to the sender. You can also request money from anyone registered on the platform
PAYMENT LINKS/BUTTONS
Create Payment links such as a single charge link to charge your clients a fixed or any amount. Run crowdfunding events by creating donation pages with Boompay
INVOICE
Create invoices and send them to your clients for payments. An invoice can only be paid by the email address associated with it. marking an invoice as paid without payment being made on the platform will only lead to charges being deducted from your account.
COMPLIANCE & WITHDRAWAL
With the recent increase in fraud, a compliance form was to set limitations to payouts. Withdrawal privileges now range from an unverified, starter, and registered business. A confirmed registered business has no payout restrictions. to upgrade the payout limit, you will have to fill a compliance form on what your business is about and submit it for review.
COUNTRIES & BANKS
To give the admin more control over where he/she wants his business to function, we have added country supported. For payouts, we have also added banks supported to make business easier.
SECURITY
Two Factor AuthenticationSecurity is not compulsory but is highly advised to secure your account.
STRIPE TEST CARD
=> card no 4242 4242 4242 4242
=> cvc 123
=> MM/YYYY 12/2024
FLUTTERWAVE TEST CARD
=> card no 5531 8866 5214 2950
=> cvc 564
=> MM/YYYY 09/2032
=> pin 3310
=> otp 12345