Product 3: Virtual Account and Payouts

The virtual account flow is an alternative to the traditional onramp flow.

For onramping, it is a white-label API integration where the onramp creates a virtual bank account for each of your businesses / users. This allows the business / user to buy digital assets, including stablecoin, by sending money to that virtual bank account. The business / user undergoes a KYB or KYC process manually with Meld prior to executing the flow.

For offramping, the same onramps who support virtual accounts for onramping also support offramping. However for offramping, aka payouts, typically a virtual account is not created per business / user unless necessary. Instead the onramp sends money directly from the onramp's funding account to the business' / user's end bank account.

1. For the 30 minute quickstart guide to execute the flow for the first time, click here.
2. Once you have completed the quickstart, click here for the full end to end integration instructions.