Payin via Virtual Account
Transform your fiat-to-crypto operations with NOAH's Virtual Account solution. Accept bank transfer payments in local currency and receive instant settlement in cryptocurrency—eliminating conversion delays while significantly reducing operational costs compared to traditional crypto onramps.
Accept bank transfer payments in fiat and receive immediate settlement in crypto.
The Business Challenge
Traditional fiat-to-crypto conversion is holding back your growth:
- Complex multi-step processes confuse customers and increase drop-off rates
- Manual reference codes create errors, failed transactions, and customer support headaches
- Delayed settlements tie up working capital for days
- High conversion fees eat into profit margins
- Limited payment methods restrict customer acquisition
- Manual reconciliation increases operational overhead and error rates
Our Solution
NOAH's Virtual Account solution automates fiat-to-crypto conversion by providing each customer with a unique bank account number (IBAN, ACH routing) for direct deposits. When customers send fiat to their dedicated account, our system automatically converts it to your chosen cryptocurrency and settles instantly to your business account—with optional automatic fee deduction.
How It Works (Business View):
- Generate unique account for each customer (IBAN for EUR, ACH routing for USD)
- Customer deposits fiat directly to their dedicated bank account number
- Automatic conversion to your specified cryptocurrency at real-time market rates
- Instant settlement to your NOAH business account with optional fee withholding
- Optional auto-withdrawal to customer's external wallet if required
- Complete reconciliation through webhooks and business dashboard
Our Bank Onramp Workflow executes cost-optimized transactions in a seamless automated sequence, with your system notified at each step through webhooks for complete visibility and control.
Key Business Benefits
Customer Experience Excellence
- Eliminate drop-off: Unique account numbers remove reference code confusion, significantly reducing abandonment
- Faster transactions: Direct bank transfers are familiar and trusted by customers
- Error reduction: No manual reference entry eliminates most transaction errors
- Simplified refunds: Dedicated accounts make refund processing instant and automatic
- Trusted payment methods: Bank transfers provide security and familiarity customers expect
Operational Efficiency
- Automated processing: End-to-end workflow requires zero manual intervention
- Instant settlements: Funds available immediately rather than traditional multi-day delays
- Simplified reconciliation: Unique accounts make transaction matching effortless
- Reduced support tickets: Fewer errors mean substantially fewer customer service inquiries
- Single integration: One endpoint handles the entire conversion workflow
Revenue Optimization
- Automatic fee collection: System withholds your service fees during conversion
- Real-time pricing: Mid-market exchange rates maximize conversion value
- Lower operational costs: Automation significantly reduces processing costs
- Improved margins: Transparent fee structure and automatic collection improve profitability
- Available fee withdrawal: Accumulated service fees can be withdrawn anytime
Business Growth
- Market expansion: Support customers across 27 European countries via SEPA
- Scalable operations: Handle volume growth without proportional staff increases
- Competitive advantage: Offer superior user experience vs. traditional onramps
- Brand control: White-label solution maintains your customer relationship
Use Cases by Industry
Cryptocurrency Exchanges
Challenge: Customers need simple, reliable ways to deposit fiat and receive crypto Solution: Unique bank accounts for each customer eliminate reference codes and errors Benefit: Reduce customer onboarding friction and support costs substantially
Gaming & NFT Platforms
Challenge: Players want easy fiat-to-crypto conversion to purchase in-game assets Solution: Seamless bank transfer to crypto conversion with automatic wallet delivery Benefit: Increase conversion rates and significantly reduce payment abandonment
Investment Platforms
Challenge: Investors need reliable, cost-effective ways to fund crypto portfolios Solution: Direct bank deposits with instant crypto settlement and fee transparency Benefit: Attract traditional investors comfortable with bank transfers
E-commerce Platforms
Challenge: Accept fiat payments while settling in crypto for international expansion Solution: Traditional payment experience with crypto settlement benefits Benefit: Access global markets while maintaining crypto treasury advantages
Virtual Account Workflow System
Our automated Bank Onramp Workflow provides a comprehensive payment solution through intelligent automation:
Unique Account Assignment: Each customer receives dedicated bank account details (IBAN for EUR, ACH routing for USD), eliminating reference codes and associated errors.
Automated Conversion Process: Deposited fiat is automatically converted to your specified stablecoin or cryptocurrency using real-time market rates from top exchanges.
Flexible Settlement Options:
- Crypto remains in your NOAH business account for immediate use
- Optional automatic withdrawal to customer's external wallet addresses
- Configurable fee withholding from converted cryptocurrency
Complete Transparency: Full workflow visibility through webhooks and reconciliation via NOAH's business dashboard.
Implementation Overview
Business Requirements
- Timeline: 1-2 weeks from contract to go-live for white-label integration
- Resources: Minimal technical resources required for single endpoint integration
- Compliance: NOAH handles banking relationships and regulatory requirements
- Training: Standard onboarding process for your operations team
Integration Options
White-Label Integration
- Complete control: Full control of user flows and branding within your application
- Single endpoint: Integrate with one back-end call to handle entire conversion workflow
- Custom experience: Seamlessly add fiat-to-crypto capabilities to existing platform
- Brand maintenance: Maintain customer relationships throughout the process
Hosted Onramp Interface
- Streamlined setup: Consumer-friendly interface guides users through bank transfer process
- Multiple payment methods: Access to additional fiat payment options beyond bank transfers
- Reduced development: Minimal integration effort for immediate market access
- Enhanced features: Leverage broader payment ecosystem for comprehensive solutions
What We Handle
- Banking relationships: Established connections with financial institutions across supported regions
- Regulatory compliance: Full compliance framework across all supported jurisdictions
- Currency exchange: Real-time conversion at competitive mid-market rates
- KYC processing: Choose between customer KYC-share or utilize NOAH's global compliance framework
- Transaction monitoring: Automated fraud detection and prevention
- Settlement processing: Instant crypto settlement and optional auto-withdrawals
What You Control
- Fee structure: Configure service fee percentages and collection methods
- Customer experience: Design user flows that match your brand and requirements
- Settlement preferences: Choose to hold crypto or auto-withdraw to external wallets
- Notification handling: Receive real-time webhooks for complete workflow visibility
Supported Payment Methods & Coverage
Current Fiat Payment Methods
- EUR/SEPA Bank Transfer: Live across 27 European countries
- US ACH / Wire Transfers: Live across North American markets
Supported Cryptocurrencies & Networks
Digital Currencies | Bitcoin | Lightning | Ethereum | Polygon | TRON | Stellar | Solana | Celo |
---|---|---|---|---|---|---|---|---|
BTC | ✓ | ✓ | ||||||
USDC | ✓ | ✓ |