Virtual Account on PayMate
Also known as POBO (Pay On Behalf of)
The Virtual Account (POBO) functionality allows users to add funds to a virtual account by transferring money from their bank account via NEFT, RTGS, or IMP...
Mon, 4 Nov, 2024 at 1:22 PM
To top up your virtual account, add the virtual account details provided by us as a beneficiary via your net banking or mobile banking app. Then, transfer f...
Mon, 4 Nov, 2024 at 1:22 PM
Whitelisting a bank account means registering the bank account on our platform from which you intend to fund your virtual account. Only funds sent from this...
Mon, 4 Nov, 2024 at 1:23 PM
To whitelist your bank account, log in to our PayMate app or web platform, navigate to the virtual account settings >> whitelisted account option >...
Mon, 4 Nov, 2024 at 1:24 PM
Whitelisting ensures secure and automatic recognition of funds from your verified bank account. This process prevents unauthorized deposits and ensures that...
Mon, 4 Nov, 2024 at 1:25 PM
You can use NEFT, RTGS, or IMPS transfers to fund your virtual account. Ensure the transfer is made from your whitelisted bank account to enable automatic c...
Mon, 4 Nov, 2024 at 1:25 PM
Once funds are transferred from your whitelisted bank account, they are generally credited as per the banking hours depending on the mode of payment. Once t...
Mon, 4 Nov, 2024 at 1:27 PM
Yes, you can whitelist any number of accounts which belongs to you or your business and then use it to top-up your virtual account.
Mon, 4 Nov, 2024 at 1:30 PM
If you have transferred funds from your whitelisted bank account and your virtual account is not credited in the banking hours, please check the transfer d...
Mon, 4 Nov, 2024 at 1:31 PM
Any applicable fees for using NEFT, RTGS, or IMPS will be determined by your bank. Our platform does not charge additional fees for virtual account top-ups.
Mon, 4 Nov, 2024 at 1:33 PM