Virtual accounts for open banking payments

Take control of your payment flow with Yapily Virtual Accounts. Open unlimited multi-currency accounts to collect funds and make payouts instantly.

Product Virtual Accounts media

Unlimited vIBANS

Make and receive payments into an IBAN with UK sort codes and account numbers or IBANs for EU accounts

Flexible account structure

Set up an account structure that works for you, and categorise payment flows by merchant, currency or business line

Payment collection

Support for multiple payment rails, including Faster Payments, CHAPS and BACS in the UK, SEPA in Europe, and SWIFT

Payment status confirmation

Benefit from confirmation of funds and payment notifications, keeping you updated in real-time

Streamlined reconciliation

Trace funds more easily by segregating payment receipts and funds across multiple accounts

Instant payouts & refunds

Issue payouts or refunds in multiple currencies using instant payment rails



Institutions seamlessly integrated with our open banking infrastructure


Countries and counting, plus our coverage is growing every week


PSD2 API - no legacy technology, no reverse engineering, no compromise

How It Works

Your payments - your choice

The choice is yours - split your payments across separate accounts by currency, business line or merchant and save time on manual reconciliation. Or issue virtual accounts to your customers, easing the payment management process and maximising control.

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Use Cases

Multi-currency support

Go beyond borders. Hold accounts in multiple currencies and accept domestic payments to reduce fees

Merchant accounts

Open unlimited virtual accounts to merchants and simplify reconciliation and payment operations

Marketplace payments

Take control of your payment flow. You can deduct fees or split payments before the final settlement


  • We do the heavy lifting

    Our API normalises all the boring stuff so you can focus on your product.

  • Simplicity at its core

    We remove the technical complexity, making our API as easy to use and maintain as possible.

  • Licence taken care of

    Yapily’s licence grants you regulated access to open banking data and payments.

Get in touch to join our beta

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