03 Mar 2022 By PAYCEC
A payment virtual account is a non-physical/ online merchant account which collects digital payment details from customers on merchant’s websites, proceeds the data and accepts money to be transferred to the account.
The payment virtual account helps merchants acquire funds from online customers when they pay online and enables merchants to manage cash flow easily with insightful dashboard and transaction reports.
The virtual merchant account connects with a payment gateway which is integrated into company websites to enable online checkout seamlessly.
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