Virtual Accounts Overview

A virtual account is a dedicated Nigerian bank account number assigned to a specific customer. It provides a simple way to receive NGN payments directly from the customer's bank account or other payment channels.

When a payment is made to a customer's virtual account, the funds are identified and credited to the customer's NGN balance.

Each virtual account is uniquely linked to a customer.

Virtual accounts can be used to:

Receive NGN payments from customers.

Automatically credit incoming funds to the associated customer's NGN balance.

Provide customers with a dedicated account number for recurring or one-time payments.

The virtual account serves as a dedicated payment channel for receiving NGN funds, while the corresponding funds are reflected in the customer's NGN balance.

Note

Contact us to have NGN enabled on your account before making any of the requests below. If NGN is not enabled, every call will return a feature-not-enabled error.