Virtual Accounts Payer Identification
Up to 100,000 virtual account numbers can be created and linked to your master account.
The name of your client or a pre-defined reference is automatically included for every deposit into your main account.
Virtual Accounts receive incoming deposits only and protect your privacy as your main account information remains confidential.
Automated payer identification
Automatically identify each payer without relying on remittance information in the payment transaction
Easy set-up process
Eliminate the need to open any additional physical accounts to track your payers
Faster and more efficient
Ensure automatic posting of electronic deposits to your main account, which frees up resources from manual reconciliations to other productive tasks
Optimized working capital cycle
Unlock funds quickly and improve credit control with automatic reconciliation of collection information