A master account from OpenPayd gives you the flexibility to manage client funds separately from your corporate accounts.
With a master account, also known as a pooled account, you have one central platform for handling client balances separately from your business funds.
And a master account pairs beautifully with our virtual IBANs and payments infrastructure. Give each of your underlying users their own unique pay-in information, then sweep those incoming payments up from their virtual account into your master account.
Our account infrastructure is designed to integrate with your core systems. Retrieving account information is just an API call away. Combine with webhooks to alert your systems to incoming payments, and you can keep your banking data up-to-date wherever it’s needed.
Our payments and banking infrastructure is ready to support your business, no matter how complex your accounts needs:
Open a master account, in Euro or GBP.
Then issue as many virtual IBANs as you need for your business.
And use our multi-currency account infrastructure to support your global banking.
OpenPayd's simple, developer-first API delivers Banking-as-a-Service with a modular architecture. Build a banking and payments service that grows and changes as you do.
Contact our team today to talk through your company's needs.
If you need more information, here's how OpenPayd can help:
