One platform, multiple banks.
Monneo offers ecommerce merchants access to virtual IBANs and digital banking services from multiple banks across Europe. We offer our services directly to online merchants and through a network of ISOs, PSPs and acquirers.
Virtual IBAN’s issued by Monneo means merchants can obtain trustworthy virtual IBAN’s from well-established European banks with payment options including:
- SWIFT multi-currency for international payments
- SEPA Euro within the Euro zone
- GBP Faster Payments and CHAPS in the UK
Through Monneo, merchants can apply for multiple virtual IBAN’s provided by our network of European banks. Virtual IBAN’s are issued to merchants, in their company name. Every virtual IBAN is linked to a Monneo safeguarded bank account so client funds are always safe secured.
With our services online merchants can receive settlement funds from their acquirers and send transfers out in 130+ currencies to their suppliers, affiliates, and vendors internationally.
Merchants can monitor and control access to their reporting with one log-in, even when accounts are provided by multiple banks including assigning user access to different IBANs and setting rules at user-level.
Get in touch today to learn more about how Monneo can help you better serve your ecommerce business.