Peer-to-Peer UPI Clearing System

Payments that settle
directly into your bank.

Tired of gateway commission splits and settlement holds? VeloPay matches bank notifications directly against checkout sessions. Zero fees, instant settlement.

Dynamic Settlement Ledger

Whenever a purchase QR is scanned and complete, our multi-merchant Gmail coordination poller extracts the banking reference ID, matching it instantly and dispatching signed callbacks to your servers.

100% Commission-free checkout routes
Cryptographic pre-claim hijack verification
Automatic transaction collision and dispute queues
Gateway Ledger Analysis
Traditional vs VeloPay
Traditional Providers2.5% to 3.5%
Funds held for 48-72 hours. Rolling reserves lock up cash.
VeloPay Routing₹0.00 Fees
Funds land immediately into your bank. Unlimited transactions.
Reconciled Settlement TimeInstant (< 3 seconds)

Decentralized Clearing Engine

VeloPay pairs bank confirmation alerts directly with user checkout instances.

Direct P2P Routing

Bypass payment aggregators entirely. Checkouts transfer funds straight from customer bank account to your merchant VPA.

Anti-Hijack Lock

Cryptographic defense mechanics verify that claimed UTR references match actual incoming banking alert payloads.

Zero Gateway Fees

Tired of paying 2% - 3% per transaction? VeloPay is self-hosted and operates commission-free forever.

Real-Time Settlement

No more holding periods or rolling reserves. If the customer transfers, the capital is immediately in your bank.

AES-256 Encryption

IMAP connection passwords and server keys are protected using authenticated AES-256-GCM architecture.

Multi-Tenant SaaS

A background client scheduler dynamically manages independent IMAP flow pollers on active checkout requests.

Frequently Asked Questions

Everything you need to know about self-hosted P2P settlements.

How does VeloPay confirm payments without an official banking API?
VeloPay reads the transaction notification email alerts sent to your business email by your bank (e.g. from FamApp). By parsing the sender bank signature, amount, and the 12-digit UPI UTR ref number, it reconciles checkouts securely.
Do my customers need to sign up for VeloPay?
No. Your customers see a standard, gorgeous responsive UPI checkout page with a QR code. They can scan and pay using any standard UPI app (GPay, PhonePe, Paytm, BHIM, etc.).
Is it safe to connect my Gmail inbox?
Yes. VeloPay recommends setting up a standard Google App Password rather than exposing your master password. All IMAP details are stored securely using AES-256-GCM encryption. Furthermore, VeloPay only fetches emails from specific verified bank addresses (like no-reply@famapp.in).
What happens if two payments of the same amount arrive at the same time?
If a collision conflict is detected (two pending checkouts for the exact same amount with no pre-claimed UTR), VeloPay automatically escalates both orders to "manual_review" and flags the transaction logs to prevent double-crediting.

Start routing payments peer-to-peer

Configure your UPI settlement VPA, spin up a secure IMAP node, and run a full checkout flow in less than 5 minutes.