What is Xchangely’s Virtual Accounts Solution?

Xchangely provides businesses with a local virtual account for seamless collections, eliminating the need for businesses to establish entities globally. Merchants can easily share their virtual bank account details or send a payment link, allowing customers to make payments as local transfers. Merchants pay a flat fee, significantly reducing high bank fees and collection costs.

Xchangely offers

Coverage

Coverage

Merchants are provided local receiving accounts in more than 8+ countries and supports 15+ currencies.

Payment Link

Payment Link

Merchants simply send out a payment link to customers worldwide.

Local Transfer

Local Transfer

Customer do a local transfer into these local accounts.

Reconciliation

Reconciliation

The funds collected from various local accounts will be pushed into the merchant’s bank account and a clear report will be provided for reconciliation purposes.

Dashboard

Dashboard

Merchants are provided a Dashboard to monitor and keep track of the flow of funds worldwide.

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