A real account, opened the way software should open it
This is not a wallet. Each account is a commercial bank account held at a locally licensed bank partner, in the merchant's own market, under the merchant's own name.
What changes is how it is opened and how it is used. Applications are digital, identity checks happen in the flow, and the account appears in the same dashboard the merchant already uses for payments.
What the account does
Receives settlement. Card, QR and online payments land here directly, so there is no transfer step between taking money and holding it.
Sends transfers. Bank to bank transfers on domestic rails, to suppliers, staff or tax authorities.
Accepts QR. Local QR schemes pay into the account without a separate merchant record.
Holds more than one currency. In markets where the partner bank supports it, balances can be held in more than one currency, which matters for any business buying across a border.
Why it runs through partner banks
Deposit taking is a licensed activity, and the licences are national. Rather than pursue a banking licence in each market, the account is provided by a bank that already holds one, with the software layer on top.
For the merchant this means deposits sit with a regulated institution under that market's protections, and the experience is the one the software provides.
Visibility
Every transaction, whether it arrived from a card terminal or a bank transfer, appears in the same ledger with the same reference. Statements export in the formats accounting software expects.
Availability
Account opening depends on the market, the partner bank and the business type. Some categories cannot be served, and some markets are still in licensing.