Yapily: Launches Virtual Accounts

Yapily: Launches Virtual Accounts

  • Yapily has launched Virtual Accounts to bring more transparency to real-time payments
  • Virtual Accounts enables merchants and PSPs to create multiple accounts to collect local payments
  • New product is unique in that it meets the needs of both the merchants using the product directly
  • Findexiq, a disruptive payments platform, will be first customer to integrate the new product
  • Greater visibility over payment status, more control over the distribution and flow of funds, and reduced costs
  • Managing payments when doing business internationally presents a huge challenge for merchants
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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