Yapily: Launches Virtual Accounts
- Yapily has launched Virtual Accounts to bring more transparency to real-time payments
- Virtual Accounts enables merchants and PSPs to create multiple accounts to collect local payments
- New product is unique in that it meets the needs of both the merchants using the product directly
- Findexiq, a disruptive payments platform, will be first customer to integrate the new product
- Greater visibility over payment status, more control over the distribution and flow of funds, and reduced costs
- Managing payments when doing business internationally presents a huge challenge for merchants