For PSPs and acquirers

Named collection accounts for every merchant, from one integration.

Issue a dedicated IBAN in each merchant's own name the moment they pass KYB. Their customers pay by bank transfer, Shield screens every credit, and net settlement reaches the merchant on your schedule.

Talk to salesHow a payment moves

Available to verified businesses only.

Example flowSample data
  1. Merchant onboardsYour KYB flow completes and you call POST /collection-accounts with the merchant's legal name.
  2. vIBAN issuedA named EUR or GBP account number is returned synchronously and shown in the merchant's dashboard.
  3. Customers payThe merchant's customers transfer funds to the IBAN. Shield name-checks and screens every credit.
  4. Net settlementA daily sweep rule moves net balances to each merchant's verified bank account, minus your fee.
The job to be done

What breaks today

  • Opening a bank account per merchant takes weeks and does not scale past a few hundred.
  • Pooled accounts make reconciliation painful and leave money in suspense.
  • Banking partners want to see controls on inbound funds before they raise your limits.
What you get

Built from the products you need.

Named accounts at scale

Thousands of merchant IBANs from one contract and one integration.

Clean inbound flows

First-party-only by default keeps return rates low and your bank comfortable.

Settlement you control

Daily, weekly or threshold sweeps per merchant group.

Statements per merchant

CAMT.053 and CSV per account, ready for the merchant's accountant.

Collect

Dedicated IBANs for every customer

Shield

Screening and first-party funds protection

Treasury

Sweeps, conversion and instant settlement

Reconcile API

REST, webhooks and statements
Typical integration

From sandbox to live in about four weeks.

Timelines depend on how quickly KYB documents are supplied and on your own build.

Week 1

Sandbox

Sandbox keys are issued on request. Build against the full API with simulated credits, returns and recalls.

Weeks 2–3

KYB and contract

Our compliance team completes KYB on your business while legal finalises the agreement.

Week 4

Go-live

Live keys are issued, your first accounts are created and our team monitors the first credits with you.

FAQ

Common questions

Do my merchants need to be verified?

Yes. Every merchant passes KYB before an IBAN is issued. You can run KYB through your own provider and pass us the record, or use our onboarding flow.

Can I white-label the account?

Yes. The IBAN carries the merchant's legal name, and statements and emails can carry your brand.

How are fees collected?

Your fee can be deducted at sweep time or billed separately. Either way, every deduction is a ledger entry you can export.

See it with your own flow.

Tell us how money moves through your platform and we will map it onto NEO Collect with you.

Talk to sales Read the docs