Five essential concepts for merchants, platforms and institutions—explained through practical responsibilities and simplified journeys, without unsupported performance claims.
General industry explanations; no assurance of service eligibility or market availability.
Marketplace or B2B proceeds usually arrive through bank/payment-account routes. Cards and wallets at online checkout follow a different acceptance and settlement model.
The legal account structure, collection provider, eligible payers and payout terms.
A virtual account reference or local account details can identify incoming funds without giving the customer a standalone bank deposit account. Rights depend on the contract.
Legal account holder, beneficial ownership, safeguarding, reconciliation and outbound rights.
In acquirer-direct settlement, the contracted acquirer settles to merchants. Platform disbursement adds distinct marketplace, merchant and funds-control responsibilities.
Merchant agreements, settlement-account title, reserve/chargeback liability and platform permissions.
A displayed exchange rate is not an executed trade. Spot conversion requires confirmation and settlement. Forward hedging and RMB inward settlement add separate conditions.
The quote, costs, currencies, settlement timing, authorised provider and eligibility.
A virtual card describes the form factor, not whether it is prepaid, debit or credit. APIs manage a card programme; the issuer and card scheme have distinct responsibilities.
Issuer entity, BIN/programme approval, funding model, supported usage and contractual liability.
Registrations, outsourcing filings, financial permissions and provider responsibilities require separate verification.
Tell us where you operate and how money needs to move. We will discuss relevant options and potential provider pathways.
