The Account Validation (Name Enquiry) endpoint has moved from v1 to v2. The v1 endpoint is deprecated and will be removed soon, so please update your integration to use v2.

• Updated documentation and code samples to use /api/v2/disbursements/account/validate
• v1 endpoint is now deprecated and will be removed in a future release

We added an official .NET SDK to our list of supported libraries, making it easier to integrate Monnify's collections, disbursements, bills payment, verification, and webhooks into .NET applications.

• Added Monnify .NET SDK to the Integrations page
• Added Monnify .NET SDK to the Plugins & Libraries page

We launched @monnify/mcp-server, a Model Context Protocol server that lets AI assistants like Claude Desktop, Cursor, and VS Code accept payments, verify identities, manage virtual accounts, and query transactions using natural language instead of custom integration code.

• Added new MCP Server documentation page
• Exposed tools for collections, direct debit, verification, and utilities
• Added support for restricting available tools with the --tools flag

Added sample response to Get Settlement Detail endpoint, corrected billers to biller on Bills Payment endpoint

• Added response example to get Settlement details endpoint
• Changed billers to bill on get biller product api reference
• Updated the path for bulk disburesment doc example
• Added supported banks to Direct Debit docs

Categorised collection related pages based on One Time or Recurring Payments and added other categories

• Categorised pages into one-time and recurring payment
• added quickstart, reconcillation and payment verification pages

Added sample response to Get Settlement Detail endpoint, corrected billers to biller on Bills Payment endpoint

• Added response example to get Settlement details endpoint
• Changed billers to bill on get biller product api reference
• Updated the path for bulk disburesment doc example

We've revamped our disbursement API documentation for both single and bulk disbursement adding requirements and code examples.

• Changed documentation of single disbursement
• Changed documentation of bulk disbursements
• Updated SubAccount page to show split amount and split percentage
• Better document the Verification API functionalities
• Created checklist for Go Live

We've enhanced our debit mandate API to accept incomeSplit object to enable merchants set up settle funds directly to any of their subaccounts

• Added incomeSplit to request payload

We've Beneficiary account name a required field for initiating disbursement. The flow is now Name Inquiry > Disbursment Request to increase accuracy.

• Added benefiary account name to request payload

We enhanced the Disbursement API to accept a sender information object for cases where the identify of the sender of a payment is important to be known.

• Added sender object to request payload

We enhanced the Invoice documentation to clearly explain the differences between Static and Dynamic Invoices and how to implement each.

• Added detailed steps and examples for creating a Static Invoice (reusable account number for multiple invoices)
• Added detailed steps and examples for creating a Dynamic Invoice (one-time use)
• Included a comparison table highlighting the key differences between Static and Dynamic invoices

We made major styling and functionality improvements to the API Reference page to make exploring and testing our APIs much easier.

• You can now test API endpoints directly from the documentation
• View real-time request and response samples without leaving the page
• Test credentials are provided for quick experiments, and you can swap them with your own credentials to fetch live data
• Improved design and navigation for a smoother developer experience

We added a 'Supported Banks' page to the documentation, allowing users to easily find all supported banks and related information for integrations.

• View a list of all supported banks and their bank codes
• Access USSD templates if available for each bank
• Quickly reference bank-specific integration details

We reorganized the Webhook documentation into a dedicated section with a dropdown for easier navigation and better clarity.

• New 'Overview' page explaining how to configure your webhook and compute the hash
• New 'Event Types' page listing all webhook events with their payload structure and sample data
• Improved navigation and developer experience

We introduced a new 'Error Codes' page in the documentation to make troubleshooting easier and faster.

• Search across all error responses returned by our APIs
• View detailed information for each error including: Error Code, Error Message, Meaning, and Recommended Action
• Quickly identify and resolve integration issues

We improved Direct Debit processing by introducing smart routing. Transactions will now automatically use TeamApt if the customer’s bank is supported. If not, the request will seamlessly fall back to NIBSS.

• Primary route: TeamApt (for supported banks)
• Fallback route: NIBSS (for unsupported banks)
• Expected impact: Higher transaction success rates and faster processing for supported banks

We renamed some services to make them clearer and easier to understand.

• 'Collections' is now 'Accept Payments'
• 'Disbursements' is now 'Transfers/Payouts'

A new webhook event has been added to notify you when your wallet balance falls below a threshold.

• New event: `low_balance_alert`

We redesigned the checkout UI and added new lifecycle methods.

• New modern UI with improved accessibility
• Introduced onLoadStart() function

Merchants can now generate customizable payment links from the dashboard.

Exposed the Paycode API for direct integration.

Improved reliability of Pay with USSD API across all banks.

The `destinationAccountName` parameter is now deprecated and will be removed in future versions.