Monnify - Monigo

Monigo integrates with Monnify primarily for virtual account-based collections — a common billing pattern where each customer is assigned a dedicated bank account number.

Connecting Monnify

Go to Settings → Payment Processors → Add Processor → Monnify
Enter your Monnify API Key and Secret Key from the Monnify merchant portal
Specify your Contract Code
Monigo validates the credentials and creates the connection

Virtual account collections

With Monnify connected, Monigo can provision a dedicated virtual account for each customer. Customers pay by bank transfer to their unique account number, and Monnify notifies Monigo when payment clears.

POST /v1/customers/{id}/virtual-accounts
{
  "provider": "monnify",
  "preferred_banks": ["wema", "sterling"]
}

Webhook handling

Monnify sends a webhook to Monigo when a transfer is received. Monigo matches the transfer to the correct customer and marks the corresponding invoice as paid.