Re: B2B Virtual Account Payment Method - Does create proxy pool require buyer service implementation
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Hi team,
Based on the documentation for create proxy pool service in VPA - buyerID is required and is provided by Visa implementation team. I would want to understand if I can implement the proxy pool service as a standalone service to create pseudo accounts
Regards
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Re: B2B Virtual Account Payment Method - Does create proxy pool require buyer service implementation
Hi, Thank you for reaching out, @Uditk18! One of our agents will get back to you soon. In the meantime, if any community member is able to assist, please reply to Uditk18 here. -Jenn
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Re: B2B Virtual Account Payment Method - Does create proxy pool require buyer service implementation
Hi @Uditk18,
I've reached out to the product team regarding your question. I'll get back to you when I receive a response.
Thanks,
Illana
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Re: B2B Virtual Account Payment Method - Does create proxy pool require buyer service implementation
Any update on the same
Regards,
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Hi @Uditk18,
The Proxy Service does require a buyer/ company to be set up. To request virtual accounts, first an issuing bank is set up in the end system. As for requesting accounts, 1st, the individual company is set up, 2nd the parent account is loaded and then, 3rd, the pool of account is created. Each of these three steps can be done on the UI by the bank or via API by the third party.
Once the company and account pool is established, then you can use the Request Virtual Account API to request accounts (or Process Payment API to submit payments).
Hope this helps.
Thanks,
Illana