Email-based payment approvals are time-consuming, error-prone, and insecure. Modern payment systems let businesses build automated approval workflows that save time and reduce risk.
Approving payments by email might seem simple, but as your team grows, so do the delays, miscommunications, and risks. Manual approval chains often create bottlenecks that slow down payment cycles and expose your business to unnecessary vulnerabilities. There’s a more efficient, secure way to manage approvals—without relying on anyone’s inbox.
Email payment approvals refer to manually approving outgoing payments by sending or receiving confirmation messages between team members. For example, a finance team member might request approval from a manager to send a payment by attaching an invoice to an email thread.
While it may work at a small scale, this approach becomes a liability as your business grows.
Approving payments over email introduces several challenges:
As a result, businesses face slower processing times, compliance issues, and poor visibility into their financial operations.
The most effective way to eliminate email approvals is to implement an automated, rules-based payment workflow.
With VoPay’s Transaction Approval Workflows, businesses can create custom approval workflows that match their internal processes, without relying on manual steps. For example, you can:
This level of control enhances security, improves team accountability, and drastically reduces processing delays.
VoPay allows businesses to Automate Business Processes directly within their payment operations—no code or email threads required. With tools to manage roles, permissions, and custom rules, teams can approve payments faster and with greater confidence. You can learn more about how VoPay’s Payment Automation supports operational efficiency and control.
Infrastructure relates to all the networks, systems and operational services that facilitate the exchange of funds through electronic transactions.
Non-sufficient funds or NSF is the term used when a bank account lacks the necessary balance to cover a transaction.
Clearing and settlement refers to the steps that electronic payments follow in order to arrive at the receiving account.
Net settlement and gross settlement refer to the two main types of settlement methods used in electronic payment transfers.
Direct Deposit is a term used within the Canadian and U.S. payment landscape to describe an electronic transfer of funds from one account to another
PAD is a term commonly used in the Canadian payments landscape, and other terms used for this concept include direct debit, pre-authorized withdrawals, and pre-authorized payments.
ISO 20022 is a global, data-rich financial messaging standard that is becoming widely used by financial institutions.
VoPay empowers enterprises to automate their entire payment lifecycle. From digital merchant onboarding and transaction approvals to real-time reconciliation and multi-level virtual accounts, VoPay’s infrastructure is built for scale.
Manual approvals slow things down, but removing them entirely feels risky. With the right tools, businesses can delegate payment decisions while maintaining full visibility and control.
Approval workflows are vital for control and compliance, but complexity leads to delays. Discover how to simplify multi-step approvals effectively.
An FBO account helps businesses securely hold and manage funds for their clients or users, ensuring clear separation of money and regulatory compliance.
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