Named Accounts
Give every entity in
your platform their
own account
Standalone accounts for every seller, user, or sub-merchant in your platform.
Each receives and sends money in its own right, with a balance that updates
in real time.
What are Named Accounts?
The fund attribution layer
on top of your Volt
Account
Named Accounts are standalone accounts for individuals or businesses using your platform. These entities' customers pay directly into the Named Account, with payouts possible at any time on demand.
Because your entities' funds stay in their own account, balances are accurate in real time; no reconciliation needed. Move money between Named Accounts and your Volt Account instantly.
Why Named Accounts
Changing how you manage entity-level funds
Standalone send & receive
Each Named Account is independent. It can receive payments and initiate payouts in its own right, not just hold a balance.
Collect your own fees easily
Move money instantly between Named Accounts and your Volt Account. The simplest way to sweep commissions and fees.
Faster payouts
Balances are tracked per account in real time, so you can pay out from a Named Account the moment funds arrive.
Scalable by design
Whether 10 sub-merchants or 10,000 users, the architecture handles scale without structural changes.
No more manual reconciliation
Funds arrive in the right account from the start, so there's nothing to reconcile. Your ops team focuses on decisions, not data entry.
Clean audit trail
Every credit and debit maps to a Named Account. Finance and compliance always have a complete picture.
How they work
From onboarding to payout
It all runs over one API – open a Named Account, receive payments, move money between accounts, and pay out.
Create Named Accounts via API
Open a standalone account for each entity via API, once KYC/KYB has cleared.
Customers pay in directly
Each entity's customers pay straight into its own Named Account – no pooled balance to split.
Move money within the platform
Move funds instantly between a Named Account and your Volt Account – for example, to collect your own fees.
Query balances and trigger payouts
Pull any balance via API. Trigger payouts to settle the entity or refund the original sender.
FEATURES
Everything to manage entity-level funds at scale
No reconciliation
Funds land in the right account the moment they arrive
Because each entity has its own standalone account, payments arrive directly in the right Named Account, and its balance updates with every event. No batch window, no waiting.
Send and receive
A standalone account that can receive and send money
Because each Named Account is independent, it can receive payments and initiate payouts in its own right. Move money between accounts on the platform instantly to collect fees or rebalance.
Entity-level visibility
See every account's balance in real time
Get a live view of what each entity holds. Pull any balance via API, surface it in your own product, or view it all in Fuzebox, Volt's merchant dashboard – and export per-account logs for reporting or compliance.
Scale and control
Provision Named Accounts dynamically
Open Named Accounts programmatically as part of onboarding. Run KYC/KYB through an automated API flow, then one call opens a standalone account, assigns it a persistent ID, and makes it instantly ready to receive and send.
Use cases
Named Accounts in practice
Any business that holds or manages funds on behalf of multiple entities can benefit from Named Accounts.
PSPs & acquirers
A dedicated, safeguarded account for every sub-merchant
PSPs hold settlement funds for their merchants before paying out. With Named Accounts, each merchant has its own standalone account that funds land in directly – no pooled balance, no batch reconciliation – and you sweep your fees in a single step.
Replaces:
- Manual ledgering
- Batch settlement reconciliation
Wallets & investment platforms
A separate, standalone account for every end-user
E-wallets, investment and trading platforms, and crypto exchanges all hold funds on behalf of their users. The main benefit here: every user gets their own separate, standalone account – not a share of a pooled balance – taking deposits directly and paying out on withdrawal.
Replaces:
- Pooled client accounts
- Manual user balance tracking
- End-of-day reconciliation
Multi-seller platforms
A dedicated account for every seller – managed in one place
Marketplaces receive buyer funds and distribute them to sellers. Named Accounts give each seller their own standalone account that payments land in directly – payouts become straightforward, and commission sweeps to your Volt Account automatically.
Replaces:
- Seller ledger spreadsheets
- Manual payout calculations
- Reconciliation delays
COMMON QUESTIONS
Named Accounts – frequent queries
Ready to give every entity their own account?
Talk to the Volt team about how Named Accounts can simplify your reconciliation, accelerate your payouts, and give you real-time visibility across every entity.