Virtual Account (VAN) Service

Automate and Simplify Your Receivables with Virtual Accounts

Streamline your payment collection process with Apispayment's Virtual Account (VAN) service. Generate unique virtual accounts for each customer or transaction, enabling automated reconciliation and efficient tracking.

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Modern Virtual Account (VAN) Illustration

Why Choose Apispayment's Virtual Account (VAN) Service?

Revolutionize your receivables management with enhanced accuracy, automation, and security.

Automated Reconciliation

Eliminate manual reconciliation efforts by automatically matching payments to the assigned virtual accounts.

Enhanced Payment Tracking

Gain clear visibility into who paid, when they paid, and for what purpose with unique virtual account identifiers.

Improved Security

Reduce the risk of errors and fraud associated with sharing primary bank account details.

Simplified Reporting

Generate comprehensive and accurate reports on your collections with ease.

Scalability

Easily generate and manage a large number of virtual accounts as your business grows.

Faster Payment Processing

Speed up your receivables cycle with efficient and automated payment identification.

Key Features of Our Virtual Account Service

Empowering your business with advanced tools for efficient receivables management.

Unique Virtual Account Generation

Generate distinct virtual account numbers for each customer, order, or purpose.

Multiple Payment Channel Support

Accept payments through various methods like NEFT, RTGS, IMPS, and UPI to your virtual accounts.

Automated Payment Identification

Payments are automatically tagged and identified based on the virtual account number.

Real-time Payment Notifications

Receive instant alerts upon successful payment to your virtual accounts.

Customizable Account Parameters

Define parameters such as expiry dates and expected payment amounts for virtual accounts.

Comprehensive Reporting & Analytics

Access detailed reports on your virtual account transactions for better insights.

Virtual Account Service Features

How Our Virtual Account Service Works

Seamlessly integrate virtual accounts into your existing payment workflow in a few simple steps.

1. Customer Assignment

Assign a unique virtual account number to each customer or transaction.

2. Customer Makes Payment

The customer makes a payment to the assigned virtual account number through their preferred method.

3. Payment Processing

Our system receives and processes the payment made to the virtual account.

4. Automated Identification

The payment is automatically identified and linked to the corresponding customer or transaction based on the virtual account number.

5. Reconciliation & Reporting

View reconciled transactions and generate detailed reports through our dashboard or API.

Versatile Use Cases for Virtual Accounts

Our Virtual Account service caters to a wide range of industries and business needs.

Real Estate (Rent Collection)
Online Gaming (Wallet Top-ups)
E-commerce Marketplaces
Subscription Services
Educational Institutions (Fee Payments)
Lending Platforms (EMI Collection)
Cloud Service Providers
Digital Wallets (Fund Loading)
Invoice Payments
Multi-Tenant Platforms
Supply Chain Management
Loan Repayments

Developer-Friendly VAN Integration

Integrate our Virtual Account service seamlessly with our well-documented APIs.

Developer Friendly Virtual Account (VAN) Integration
Robust API Endpoints

Access a comprehensive set of API endpoints for virtual account generation, management, and transaction retrieval.

Clear API Documentation

Utilize our detailed and easy-to-understand API documentation with code samples in various languages.

Sandbox Environment

Test your VAN integration in a secure sandbox environment before going live.

Dedicated Developer Support

Our expert technical team is available to provide support throughout your integration process.

Secure and Reliable Virtual Account Service

We prioritize the security and integrity of your financial transactions.

Secure Infrastructure

Our platform is built with robust security measures to protect your data and transactions.

Data Encryption

Sensitive data is encrypted both in transit and at rest to ensure confidentiality.

Compliance Standards

We adhere to industry best practices and relevant compliance standards.

Transform Your Receivables Management Today!

Simplify reconciliation, enhance tracking, and improve security with Apispayment's Virtual Account (VAN) service. Contact us to learn more and get started.

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