Cash Management Solutions for Payment Providers

Simplify payments, via API or file up-load

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Accessibility - Netbank Virtual

All of our solutions can be integrated via  Netbank Virtual–Netbank’s Open API Platform wherein clients will be able to easily browse, test, and integrate to the relevant financial APIs that made onboarding simpler. 

Here's how to sign up to Netbank Virtual and to start testing our APIs: https://virtual.netbank.ph/get-started

Here are the relevant API documentation that you can review and test as soon as you have signed up: https://virtual.netbank.ph/docs#tag/Disburse-To-Account

 

Straightforward Cash Management APIs - Disburse and Virtual Collect

First, Netbank was able to provide the Disburse-to-Account solution wherein it enables disbursements of end-customer payments directly to partner merchants’ local bank accounts and e-wallets via Instapay and Pesonet. This allowed faster processing and disbursement of payments automatically from within V5 Pay’s platform. Lastly, V5 Pay has also embedded Netbank’s Virtual Collection Account service. This simplifies end-customer payments, via bank transfer or convenient stores/payment centers, allowing simple tracking of the payer.

Here's the full presentation of our Solution for your reference.

 

Disburse-To-Account

Netbank implemented a ‘Disburse-To-Account’ solution to beef-up V5 Pay’s payment distribution workflows wherein it enables disbursements of end-customer payments directly to partner merchants’ local bank accounts and e-wallets via Instapay and Pesonet. This allowed faster processing and disbursement of payments automatically from within V5 Pay’s platform.

Virtual Collection Account

V5 Pay has also embedded Netbank’s Virtual Collection Account service. This simplifies end-customer payments, via bank transfer or convenient stores/payment centers, allowing simple tracking of the payer. Payments are faster and safer since reconciliation is immediate and automatic–without the need for  manual reconciliation and/or system checks. 

Netbank is already providing "Disburse funds via API" to clients, like V5Pay. You can read about the partnership here.

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“Netbank offered a straight-forward and holistic solution that allowed us to streamline both ends of our payments operations.” Liu Yixin, V5 Pay’s Chief Technology Officer
“Full steam ahead! With the additional disbursement channels tied to their platforms, V5 Pay can definitely put up a larger volume of transactions” Vince Roldan, Netbank’s Solution Manager.