MiFinity Virtual IBAN
Our merchants can top up their merchant account or receive settlements via SEPA bank transfer, reducing costly transaction fees. Merchants can also top up their merchant account or receive settlements via SEPA or cryptocurrency providing more ways than ever to fund your merchant account.
MiFinity customers based in the EEA or UK can also have a Virtual IBAN linked to their account which allows them to top up their eWallet with ZERO fees.
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How Does it Work?
When you sign up for a MiFinity Merchant account, you will have an IBAN assigned to you. You can then make transfers from your bank account to your MiFinity merchant accounts.
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Benefits of MiFinity’s Virtual IBAN
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Ease
Setting up business accounts has become easier.
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More Features
VIBANS eliminate manual reconciliation saving time.
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Cost Savings
VIBANS can reduce transaction fees
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Security
VIBANS are kept in encrypted servers with low risk of fraud
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Reliable
VIBANS have a very low risk of downtime.
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Speed
VIBANS can reduce transaction times greatly.