Virtual Account
Collect payments with a virtual account and automate reconciliation
Create, Collect and Reconcile
How does Virtual Account work?
Create Virtual Account
Create unique virtual bank account for each of your business units with Dashboards and REST APIs.
Share account with customer
Customer makes a payment via bank transfer to the unique virtual bank account provided to them.
Get Instant Notification
The headquarters receives notifications of successful payments via SMS or email through webhooks, and these updates are also displayed on the central dashboard.
Benefits
Heret's why top businesses are harnessing the benefits of virtual accounts.
Dashboard & Reporting
Stay on top of your daily, weekly, and monthly sales of each business unit with easy-to-read graphs and downloadable reports.
Real-time Reconciliation
Use webhooks and dashboards to match payments to branches or departments in real-time, and track payment details instantly.
Flexible Payment Settlements
Benefit from year-round payment settlements.Settle directly to your bank account 24/7, including on bank holidays.
FAQS
Frequently Asked Questions
What is a Virtual Accounts?
How is a Virtual account different from a Bank account?
How can I fund my Virtual Account?
How can I get a Virtual Account?
Let’s get you started
Ready to get started?
Collect customer payments, make payouts, and so much more. Create your account or contact our experts to explore custom solutions.
Monieswitch payments empowers growing businesses in Nigeria and worldwide to collect payments, process payouts, and more.
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