- An account-holder represents an individual or business entity.
- An account holder is required to generate a virtual account or card.
A virtual account is a NUBAN account linked to an account holder.
A virtual card is a payment card linked to an account holder.
This will return a card, virtual account, or account holder transactions.
Funding a virtual card requires your business to have a sufficient issuing balance.
Before a virtual card is funded, you need to fund your issuing wallet
A pocketbook that serves as the base wallet for all Issuing related operations for your business.
You don't need to fund the wallet when in test mode.
Collection virtual account
A collection virtual account is a payment, disposable account that’s strictly used to collect payments from customers. This account expires once a transaction is made into the account. All settlements are made at the end of the day or instantly depending on the settlement schedule.
Deposit virtual account
A deposit virtual account is a static bank account that doesn’t expire. It accepts both credit and debit transactions. This account can be used as a store of value to receive, send, and spend money.
Updated about 2 months ago