Virtual Accounts for End User Deposits and Payouts

This is a step-by-step guide that will allow you to setup a simple integration, to use unique Virtual Accounts for each of your end users to collect fiat deposits and make payouts. Each Virtual Account has its own set of bank details which can be mapped to your user to identify deposits, eliminating the need to rely on your users to provide unique references on their payments.

All Virtual Accounts are linked to a single Master Fiat Account owned by the Member, into which all funds are pooled. Virtual Accounts do not hold any balance. Instead, payments to/from Virtual Accounts directly affect the balance of their Master Fiat Accounts