VIRTUAL ACCOUNTS

Dedicated payment details for clearly identified funds

Use Fast Track Pathway to create dedicated virtual collection accounts for businesses, merchants, or platform users. Receive fiat through supported local bank transfers, then credit, convert, or settle funds according to your business settings.

Create a Virtual Account Explore Integration

Account availability, currencies, payment networks, and settlement capabilities depend on the business's location, account permissions, and review outcome.

United StatesUSDSubject to eligibility
United KingdomGBPSubject to eligibility
SingaporeSGDSubject to eligibility
DenmarkDKKSubject to eligibility
LuxembourgEURSubject to eligibility

Core virtual account capabilities

Dedicated Payment Details

Assign distinct account details to different customers or business scenarios.

Local Bank Transfers

Receive fiat payments through supported local payment networks.

Automated Identification

Match each payment to its payer or assigned customer using virtual accounts, references, and transaction IDs.

Flexible Settlement

Based on enabled permissions, hold fiat, convert funds, or settle to a supported balance.

COLLECT WITH CLARITY

Clearer collections, easier reconciliation

From payment identification to transaction status, give finance teams a complete view of every incoming payment on one platform.

Collect like a local business

Let customers pay through familiar bank-transfer methods without requiring your business to establish complex banking relationships in every market.

Identify every incoming payment clearly

Assign distinct payment details to customers, merchants, projects, or platform users to reduce manual bank-statement matching.

Manage collections and settlement in one place

View the payer, currency, original amount, fees, amount received, reference, and current status.

BUILT FOR REAL FLOWS

Built for different business scenarios

Give customers, merchants, orders, or platform users distinct payment identifiers.

B2B Customer Payments

Use dedicated account details to receive payments for goods, services, or other business transactions.

Platform User Payments

Assign payment details to each user and synchronize incoming payment data with your platform.

Merchant and Order Payments

Identify payments by merchant, order, or project to improve reconciliation efficiency.

Subscriptions and Recurring Fees

Reuse the same details for multiple payments while the account remains active and permitted under applicable platform rules.

Applicable scenarios and account usage depend on enabled services and platform rules.

ACCOUNT DETAILS

Account details at a glance

Once approved and activated, the payment details are available in the client portal. Fields vary by account region, currency, and partner financial institution.

Beneficiary name and bank name
Bank address and account number
Routing Number, IBAN, or SWIFT Code
Payment network, reference, and supported currency

USD virtual accountAccount details

Illustrative data

Bank name: Partner Bank, N.A.
Account name: FAST TRACK PATHWAY
Account number: •••• •••• 3805
Routing Number / ABA: •••• 0089
Currency: USD
Reference: CLIENT-0248

VIRTUAL ACCOUNTS API

Build collection capabilities into your product

Use the API to integrate virtual accounts and collection flows into your website, application, or control center, and receive transaction status updates through webhooks.

Create customer and account applications
Retrieve account details and status
View incoming payment records and balances
Configure settlement methods
Receive webhook status updates

Start Integrating API, webhook, and Sandbox availability depends on business account permissions.

Use this button to pause or resume the automated API request demonstration.

POST /v1/virtual-accounts

{
  "customer_id": "cus_0248",
  "currency": "USD",
  "country": "US",
  "settlement": "fiat"
}

LOCAL PAYMENT NETWORKS

Supported Payment Methods and Networks

Receive fiat using supported bank payment methods based on the account region and collection currency.

ACHSEPAFaster PaymentsSWIFTWire TransferPayID

Available payment methods, currencies, limits, processing times, and fees are shown in the business account.

HOW IT WORKS

From account creation to settlement

Apply through the client portal or API, then manage subsequent collections in the same workflow.

01
Create a customer profile
Create a profile for a business customer, merchant, or platform user.
02
Choose account settings
Choose the region, currency, payment network, account type, and settlement method.
03
Submit an application
Provide the required information through the client portal or API.
04
Receive account details
Once approved and activated, receive the payment details customers can use.
05
Receive and settle funds
The system identifies the payment and credits, converts, or settles it according to your settings.

FAQ

Frequently Asked Questions

Essential information about virtual accounts, incoming payment identification, and settlement.

What is a virtual account?

A virtual account provides dedicated payment details assigned to a particular business, merchant, or platform user. After the payer completes a bank transfer, the system can use the account or reference to identify where the funds belong.

Can a virtual account be reused?

The same virtual account details can be used to receive multiple payments while the account remains active and permitted under applicable platform rules.

How can I reconcile payments from different customers?

Each incoming payment can be linked to a virtual account, customer profile, reference, and unique transaction ID, and viewed in the client portal. API and webhook features depend on business account permissions.

Can received fiat be converted or settled?

If the relevant features are enabled for the business account, you can hold fiat, convert it using supported currencies and networks, or settle it to a designated supported balance or wallet.

Which payment networks and currencies are available?

Availability depends on the business's location, account type, partner channels, compliance requirements, and the services shown in the account.

Fast Track Pathway

Make every global payment easy to identify

Create dedicated virtual accounts and manage collections, reconciliation, and settlement in one workflow.

Create a Virtual Account Contact Us