Ziba pay>General>FAQ
Virtual Account?
1 months agoUpdatedWhat is a Virtual Account?
A virtual account is a type of bank account that exists digitally and is typically used for specific purposes such as receiving payments, making transactions, or managing funds online. Unlike traditional bank accounts, virtual accounts often don't have physical counterparts like debit cards or checkbooks.
How can I benefit from having a virtual account with Ziba Pay?
Having a virtual account with Ziba Pay offers several benefits, including increased flexibility in managing finances, enhanced security features, streamlined payment processes, improved cash flow management, and access to integrated banking services.
Is it secure to use virtual accounts for my transactions?
Yes, virtual accounts offered by Ziba Pay are secure, with advanced security measures such as encryption, two-factor authentication, and real-time transaction monitoring to protect users' funds from unauthorized access and fraudulent activity.
Can I send and receive payments using my virtual account?
Yes, you can send and receive payments using your virtual account, making it easy to conduct transactions with vendors, suppliers, customers, or other parties.
How do I access and manage my virtual account?
You can access and manage your virtual account through the Ziba Pay platform, where you can view account balances, initiate transfers, track transactions, and perform other banking activities.
Can I link my virtual account to my existing bank account?
Yes, you can link your virtual account to your existing bank account for easy transfers and withdrawals.
Can I use my virtual account for both personal and business transactions?
Yes, you can use your virtual account for both personal and business transactions, depending on your needs and preferences.
How quickly are transactions processed through a virtual account?
Transactions processed through a virtual account are typically processed quickly, with funds being transferred or received within a short timeframe.
Can I set up recurring payments or automatic transfers with my virtual account?
Yes, you can set up recurring payments or automatic transfers with your virtual account, making it easy to manage regular expenses or payments.
