Virtual accounts

Virtual accounts

A virtual account is a real, payable account number tied back to your main account. Give one to a customer and every transfer they make identifies itself, because the account number is the identifier.

What it solves

With one shared company account, every transfer arrives as a name and a narration you have to match by hand. Issue an account per customer, per order or per project and the matching is done before the money lands: the reference you set at creation comes back on every payment into that account.

What you can do

How one is used

1. Create the account with your own reference, such as an order id.
2. Show the customer the account number, account name and bank from the response.
3. They transfer to it from any Nigerian bank app.
4. Volboo credits your balance and POSTs payment.success to your webhook URL.