Unidentified Payments
Difficulty matching incoming funds to the right customer or invoice.
Virtual Account Solutions
Every Payment Has a Reference. Every Collection Has a Clearer Path.
Simplify incoming payment identification and reconciliation with virtual account solutions designed for modern business operations. Bring customer references, transaction visibility and collection workflows closer together.
Incoming CollectionsIdentify payments with dedicated references.
Payment ReconciliationMatch collections with business records.
Virtual Accounts
Turn Incoming Payments into Organized Business Data.
As businesses grow, tracking payments from multiple customers, invoices and business partners can become increasingly complex. Virtual account solutions can help organize incoming collections through dedicated account identifiers, making it easier to connect transaction information with the right business records.
Collections
OverviewAccountsReports
DemoReceived today₹1,60,050↑ 3 of 4 auto-matched
Virtual accountDWVA 0042 ••• 817Customer ref · CUST-1042
Collections overviewThis week
ThuReceived ₹1,12,000Matched ₹48,050
Recent collectionsView all
- 10CUST-1042INV-2087 · Today+ ₹25,000Matched
- 03CUST-0388INV-2091 · Today+ ₹8,450Matched
- 11CUST-1170INV-2094 · Today+ ₹1,12,000Reconciling
- 09CUST-0921INV-2098 · Today+ ₹14,600Matched
↓4credits today✓75%auto-matched
The Challenge
When Collections Grow, Manual Tracking Gets Harder.
Managing incoming payments across multiple customers and invoices can create operational challenges. A structured collection workflow can help businesses improve visibility and reduce dependence on manual payment matching.
Bank statementUnsorted credits
NEFT/CR/88213₹25,000?
IMPS/CR/40991₹8,450?
RTGS/CR/77102₹1,12,000?
UPI/CR/19034₹14,600?
Which customer?
Which invoice?
Manual Reconciliation
Time-consuming checks across transaction records and business data.
Multiple Payment References
Keeping track of collections across customers, vendors and invoices.
Limited Payment Visibility
Needing a clearer view of payment status and collection records.
Key Features
Built Around Your Collection Workflow.
Explore virtual account capabilities that can help businesses identify incoming payments, organize transaction data and simplify reconciliation.
Dedicated Virtual Accounts
Assign virtual account details or identifiers where supported.
Customer-Wise Identification
Associate incoming payments with customer references.
Automated Reconciliation
Match transaction data with business records through supported workflows.
Payment Notifications
Receive incoming payment updates through available integrations.
API & Webhooks
Connect payment events with compatible business systems.
Transaction Reports
Access available records for accounting and reconciliation.
How It Works
From Account Assignment to Reconciliation.
Bring account references, incoming payments and transaction records into a more structured collection workflow.
Assign an Account Reference
Allocate supported virtual account details to a customer, vendor or payment reference.
Receive the Payment
The payer transfers funds through an available banking channel.
Identify the Transaction
Use available account details and transaction references to identify the payment.
Reconcile the Collection
Match the payment against the relevant business record using supported tools.
Use Cases
Designed for Complex Payment Operations.
Virtual account solutions can support businesses that receive frequent payments and need a structured way to identify and reconcile collections.
ReferenceORD-10482✓ Matched
E-commerce
Connect incoming collections with eligible order references.
ReferencePRT-0071✓ Matched
B2B Businesses
Organize payments from business customers and partners.
ReferenceINV-2087✓ Matched
Invoice-Based Collections
Associate incoming payments with invoice references.
ReferenceSELLER-12✓ Matched
Platforms & Marketplaces
Organize collection references across supported workflows.
Integration
Connect Collections with Your Business Systems.
Integrate supported payment events and account references into your existing business workflows to improve transaction visibility and reduce repetitive manual work.
ERP / BillingInvoice #INV-2087
Digiway VA APIAssigns account
Customer₹25,000 · NEFT
POST /virtual-accounts
{ "customer_ref": "CUST-1042",
"invoice_id": "INV-2087" }
→ 201 { "virtual_account": "DWVA0042817" }
✓Credited₹25,000 · NEFT
- Payment credited₹25,000 received in DWVA0042817
- Event deliveredSent to your endpoint · 200 OK
- Status updatedMatched with invoice INV-2087
Customer refCUST-1042
InvoiceINV-2087 ✓
Received today₹1,60,050
Auto-matched3 / 4
Customer refInvoice IDAmountStatus
CUST-1042INV-2087₹25,000Matched
CUST-0388INV-2091₹8,450Matched
CUST-1170INV-2094₹1,12,000Reconciling
CUST-0921INV-2098₹14,600Matched
3 of 4 matched
✓ERP connected
Illustrative view · availability depends on the selected platform
Access & Records
Greater Visibility. More Organized Records.
Access payment information through supported banking and payment systems, with applicable account permissions, security controls and transaction records.
Team accessSecured
AAdminFull access
FFinanceReports & reconciliation
SSupportView only
Last activityReport exported · Finance
Controlled Access
Use access permissions provided by the selected platform.
Transaction Records
Review available payment and reconciliation information.
FAQs
Talk to Our Team →Frequently Asked Questions
Answers to common questions about virtual accounts.
What is a virtual account?
A virtual account is an identifier used within a banking or payment arrangement to help identify and organize incoming payments.
How does a virtual account help with reconciliation?
Account identifiers and transaction references can help match incoming payments with customers, invoices or business records.
Can a separate virtual account be assigned to each customer?
This depends on the selected banking solution, configuration and merchant eligibility.
Can incoming payments be tracked automatically?
Payment updates and automated reconciliation may be available through supported integrations.
Can virtual accounts connect to business software?
API or webhook integrations may be available for compatible systems.
Is a virtual account the same as a regular bank account?
Not necessarily. A virtual account may be an identifier linked to an underlying banking arrangement, rather than a separate independently operated bank account.
How can I get started with Digiway Payment?
Contact our team to discuss your collection and reconciliation requirements and explore available options.
Virtual Account SolutionsBring More Clarity to Every Collection.
Explore virtual account options designed to help your business organize incoming payments and improve reconciliation workflows.