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What is a digital payment solution?
A digital payment, also known as an electronic payment, is the transfer of funds from one account to another through a digital mechanism. This includes payments made by bank transfers and virtual payment cards.
Our solution enables both of these methods of digital payment.
What is a virtual card?
At their core, virtual cards are digital payment instruments that operate similarly to traditional credit or debit cards, but with a few key differences. Instead of a physical plastic card, virtual cards exist solely in digital form. They are typically generated and managed through a secure online platform, often provided by banks or fintech companies.
You can read more about this in our blog, ‘What are Virtual Cards?’.
What is an individual funding account
Often, payment service providers pool multiple clients’ funding into one pot, with all transactions you need to make then drawing from this. Uniquely, we give you a digital bank account in your name for the currencies you wish to use.
As the bank accounts are in your name, the value remains on your balance sheet. Boosting your business value and cash flow.
How can a payment solution boost my revenue?
With our solution, we provide you with cashback on every payment you make via virtual card. The higher the value of the transaction, the more cashback we can give you.