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.

You May Also Like

New Banking License in Latvia Could Boost Market Entrants

Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase...

Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan

Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...

Citi Strengthens AI Infrastructure Banking Team with Investment in Japan

Citi aims to enhance its AI capabilities through strategic team formation and investment.Highlights: Citi forms a new AI-focused...

New York Finalizes BNPL Rules to Strengthen Consumer Protections

New regulations aim to enhance transparency in buy now, pay later services.Highlights: New York's final regulations for BNPL...