Unique collection identifiers
Assign collection references to the appropriate customer or invoice. Virtual identifiers support matching; they are not separate independently opened bank accounts.
Online Collections
Identify incoming payments with less manual effort.
Match collections to customers, invoices or business accounts using dedicated virtual account identifiers. AADHAR PAY helps your finance team recognise incoming payments and organise reconciliation without relying only on manual references and spreadsheets.
Conceptual illustration · service arrangement confirmed during onboarding
What you can do
Customer or invoice mapping
Associate records with the intended customer, invoice, location or stakeholder so operational follow-up uses a consistent reference trail.
Payment notifications
Connect each payment with its business purpose so staff can follow the customer journey and review the relevant records.
Reconciliation and settlement records
Keep settlement records separate from payment authorisation and processing outcomes. Review the schedule and conditions in your agreed service arrangement.
How it works
Configure identifiers
Identify the business purpose, reference information and responsible team for this stage of the workflow.
Share the appropriate collection details
Use the configured service arrangement and preserve the business reference as the request moves to the next stage.
Receive and map payments
Use the configured service arrangement and preserve the business reference as the request moves to the next stage.
Review reconciliation and settlement records
Review the applicable records and agreed settlement conditions; a processing result alone does not confirm settlement.
Virtual account identifiers help recognise collections; they do not mean that a separate bank account is opened for every customer.
Who it is for
Why AADHAR PAY
Virtual Accounts helps your team connect unique collection identifiers with reconciliation and settlement records in an organised workflow. Clear references and agreed responsibilities support practical implementation and more informed operational follow-up.
Discuss your workflow →Virtual Accounts: your questions
How does Virtual Accounts fit into my business workflow?
Start with unique collection identifiers and payment notifications. Assign collection references to the appropriate customer or invoice. Virtual identifiers support matching; they are not separate independently opened bank accounts. The team can help map the appropriate service arrangement to your business references and responsibilities.
What should we prepare to start with virtual accounts?
Share your business activity and requirements for unique collection identifiers. Our team will explain eligibility, documentation and any partner-dependent approvals before activation.
How can our systems support customer or invoice mapping?
Associate records with the intended customer, invoice, location or stakeholder so operational follow-up uses a consistent reference trail. Approved technical documentation and access details are shared through the applicable onboarding process; no credentials are requested in this marketing enquiry.
How should our team review reconciliation and settlement records?
Keep settlement records separate from payment authorisation and processing outcomes. Review the schedule and conditions in your agreed service arrangement. Confirm available reporting, operational timelines and charges in the agreed service scope rather than assuming a universal schedule.
Related services
Invoice Payments
Help customers understand what they are paying for and complete their payment through a linked invoice journey. AADHAR PAY supports organised invoice collections so your team can follow outstanding requests and connect payment records with the underlying business transaction.
Explore Invoice Payments →Reconciliation & Settlement
Bring transaction, collection and settlement records together with AADHAR PAY. Support structured matching, identify items that need attention and keep finance teams informed about payment outcomes and settlement progress.
Explore Reconciliation & Settlement →Connected Banking & Payouts
Organise vendor payments, employee-related disbursements and other approved business payouts with AADHAR PAY connected banking solutions. Bring beneficiary details, approval steps and transaction status into a clearer operating process through supported banking arrangements.
Explore Connected Banking & Payouts →