📽️System Features
The EBS Pay system is designed as an integrated payments and wallet ecosystem connecting customers, retailers, and administrators through a unified platform. The system’s feature set combines retained core functionalities with new wallet, bill payment, and reconciliation enhancements to ensure operational efficiency, financial transparency, and a superior user experience.
1. Wallet Management System
A secure, modular wallet engine that serves as the foundation of the EBS Pay ecosystem. Key Capabilities:
Wallet creation, credit, debit, and balance inquiry.
Multiple wallet funding options (bank transfer, card, or payment gateway).
Automatic calculation of commissions and cashback for retailers.
Wallet-to-bank and wallet-to-wallet transfer capabilities.
Transaction fees and commission deductions applied dynamically.
Real-time wallet balance updates and transaction validation.
Integrated fraud prevention, KYC verification, and audit logging.
2. Airtime & Data Vending
A fast and reliable vending feature allowing both customers and retailers to top-up mobile airtime and purchase data bundles. Key Capabilities:
Integration with major telco APIs for instant transactions.
Real-time validation and vending receipts.
Commission and cashback applied automatically for retailer transactions.
Comprehensive vending reports and transaction summaries.
3. Bill Payment Services
A unified bill payment module enabling payment for utilities, subscriptions, and government services. Key Capabilities:
Support for DSTV, electricity, water, internet, and government levies/taxes.
Real-time payment confirmation and receipt generation.
Dynamic API integration for multiple service categories.
Transaction records linked to wallet history for accountability.
Unified dashboard view of all bill types and payments.
4. Retailer Cashback & Commission Engine
A built-in financial incentive system designed to boost adoption and retain active users. Key Capabilities:
Automatic calculation of cashback on wallet funding, vending, and transfers.
Tier-based commission structures configurable by Admin.
Real-time update of earned commissions visible in retailer wallets.
Reporting module showing commission trends, payouts, and earning summaries.
5. Bank Transfer & Disbursement Module
Secure money transfer and payout infrastructure enabling both customers and retailers to move funds seamlessly. Key Capabilities:
Wallet-to-bank and wallet-to-wallet transfers.
Real-time transaction verification and status tracking.
Configurable commission or service charges per transaction.
Integration with financial service APIs and payout gateways.
Detailed logs for reconciliation and dispute resolution.
6. Admin Oversight & Reconciliation
A comprehensive administrative module for financial oversight, compliance, and system management. Key Capabilities:
Manual funding review, approval, and reconciliation workflows.
Role-based access management for Admins, Retailers, and Customers.
Transaction monitoring and audit logging for all wallet activities.
KYC/AML compliance tools with fraud flagging and user verification.
Real-time dashboards for transaction summaries and performance analytics
7. Reporting & Analytics
Provides visibility into system performance, user activity, and revenue streams. Key Capabilities:
Exportable transaction and reconciliation reports.
KPIs for transaction volumes, wallet activity, and commission earnings.
Admin analytics dashboard for financial and operational insight.
(Future scope) Interactive visualization for advanced trend tracking.
8. User Experience & Interface
A redesigned mobile-first interface improving usability and accessibility across all user types. Key Capabilities:
Responsive web and mobile designs (React, React Native).
Simplified workflows for vending, funding, and bill payments.
In-app notifications for transaction updates and promotions.
Optimized navigation with accessibility support.
9. Security & Compliance
System-wide security protocols and compliance standards to protect user data and transaction integrity. Key Capabilities:
Role-based access control (RBAC).
Multi-factor authentication (MFA) for Admins.
Encrypted API communications (SSL/TLS).
Real-time fraud flagging and KYC validation.
Audit trails for all wallet, billing, and reconciliation activities.