Simplify Payment Collections with Unique Bank Accounts
Collect, track, and reconcile payments automatically with Virtual
Accounts. Each customer or transaction gets a unique account for
faster, error-free collections.
Effortless Settlements
Real-time payment tracking and settlement with zero manual effort. Access all incoming payments in one place
Payments tracking
Settlement Overview
Virtual account dashboard
What Are Virtual Accounts?
A Virtual Account is a unique digital bank account number linked to your business, ideal for high-value transactions. It works like a dedicated account for each customer or payment, making tracking easy and secure- without exposing your actual bank details.
Who Can Use airpay Virtual Account?
Utilities and
Telecom
Simplify the collection process for millions of subscribers through unique virtual accounts per consumer, streamline reconciliation, and manage cash flow.
Ecommerce Marketplaces
and Aggregators
Create virtual accounts for both your merchants, business, and consumers that allow better payment tracking, cash flow, and faster settlement.
Government and Large
Enterprises
Improve transparency through scalable solutions from virtual bank accounts, designed for easy reconciliation and large collections.
Education
Streamline fee collections for schools and EdTech with dedicated virtual accounts per student and automated reconciliation.
Housing
Development
Manage society maintenance fees and housing collections through individual virtual accounts with seamless tracking and settlements.
Why Businesses
Choose airpay Virtual Accounts?
Unique Accounts per
Customer or Transaction
Create unique virtual accounts for each customer for effortless payment tracking.
Enhanced
Security
Your banking information stays safe and secure.
Accurate and
Automated Tracking
airpay instantly matches each payment to the right customer or invoice.
Reduced
Operational Overhead
Automate your collections to create efficiency and manage cash flow.
Instant
Benefits for
Your Finance
Team
Enhance
Cash Flow
Unique account identifiers allow for faster inflows and greater clarity in records.
Security
Virtual accounts safeguard your main banking information and minimize fraud risk.
Efficiency
Automation eases workflow, improves accurate recording, and increases productivity.
Financial
Transparency
The monitoring of collections and settlements can be easily done with a real-time dashboard.
How airpay
virtual Accounts Work
Your customer can generate a virtual bank account number by choosing RTGS on the payment page.
Customers deposit funds through bank transfers (NEFT/RTGS/IMPS) to the generated virtual account.
airpay automatically tracks real-time payments to the respective virtual accounts.
Funds are settled into your primary bank account securely.
Funds are settled into your primary bank account securely.
Ready to grow your
business with India’s leading
Payment Solution?
Frequently Asked Questions
A virtual bank account is a unique, software-generated account linked directly to your main bank account. It allows businesses to assign individual account numbers for each customer or transaction, making it easier to track incoming payments accurately and manage cash flow without the need for multiple physical bank accounts. This improves organisation and financial control while keeping your main account details secure.
When payments are received into your virtual accounts, airpay automatically matches the payments with the correct customer or invoice. This automation removes manual matching errors, speeds up payment processing, and keeps your financial records accurate and up-to-date.
Yes, airpay can create unlimited virtual accounts instantly. This feature supports businesses as they grow, enabling them to scale payment collections seamlessly by assigning unique virtual accounts to thousands of customers or transactions.
Yes, virtual accounts protect your primary bank account information by providing unique account numbers for each payment. Airpay meets high-level security standards to safeguard your transactions and data from fraud and unauthorised access.
Getting started is straightforward. You can sign up for airpay services, integrate APIs easily with your platform, or request a live demo to see how virtual accounts work in practice and get hands-on guidance for setup.
