Skip to main content

What is a payment account?

Learn about payment accounts in Banqup: your Business account or linked bank accounts for managing payments

Maxime avatar
Written by Maxime
Updated over 2 months ago

A payment Account in Banqup can be either your Banqup Business Account or an external bank account that you've linked to your Banqup space. These accounts allow you to manage payments directly from the platform.

Types of payment accounts

Banqup Business Account

  • A dedicated payment account with its own IBAN.

  • Fully integrated with your Banqup space.

  • Enables direct payment processing within the platform.

  • Automatic payment matching and reconciliation.

Linked bank account

  • Your external bank account connected to Banqup.

  • Allows you to manage payments through Banqup.

  • View balances and transactions.

  • Make payments from your existing bank account.

Benefits of payment accounts

  • Manage all your accounts in one place.

  • Choose which account to pay from.

  • Track payments across different accounts.

  • Maintain visibility of all your business finances.

  • Process both single and bulk payments.

  • Streamline payment workflows.

💡 Need help with Payment Accounts?
A product tour is available in the app to help you get started.
If you're not logged in, the link will guide you to the login screen. After logging in, you'll find the product tour in the messenger at the lower right corner.

FAQ

Can I have multiple payment accounts?

Yes, you can link multiple bank accounts in addition to your Banqup Business Account. Please note that one payment account can be linked to at most one space.

Next steps

Did this answer your question?