How to receive payments with the One-time Account Number

In the world of business, efficient payment solutions are a must. Swwipe, the innovative payment collection platform, offers a range of features designed to streamline transactions and make life easier for business owners, one of which is the One-Time Account Number.

What Is a One-Time Account Number?

A One-Time Account Number is a dynamic and unique bank account number that changes with each transaction. It is a feature that ensures the security and efficiency of payment collection. When your customer initiates a payment, a temporary bank account number is generated, which expires after a set time frame. If another customer wants to make a payment, a new account number is automatically generated for the next transaction. Here's a detailed look at how it works:

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• Log in to Your Swwipe Account: To utilise the One-Time Account Number feature, you need to have a Swwipe account. If you haven't already, you can easily sign up for an account in just a few minutes.

• Enter the Transaction Amount: Once you're logged in, enter the transaction amount. With Swwipe, you have the flexibility to receive payments for various amounts, whether it's a small purchase or a significant transaction.

• Select "Bank Transfer" as the Payment Option: Choose "Bank Transfer" as your preferred payment option. This selection will enable the generation of a One-Time Account Number for your transaction.

• Share the Unique Account Number with Your Customer: A one time account number is generated for your transaction. This is the key to secure and efficient payment collection. Share this One-Time Account Number with your customer to initiate the transaction.

• Confirm the Transaction: Once your customer completes the payment, all that's left for you to do is click "Check Payment Status" within the Swwipe app. This will confirm the transaction and ensure the payment is on track.

• Wallet Gets Automatically Credited: Your wallet will be credited automatically after a successful transaction. 

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Incorporating the One-Time Account Number feature into your payment collection process is a smart move for your business. It simplifies the payment experience for both you and your customers, while ensuring top-notch security.

With Swwipe's One-Time Account Number feature, business owners can take their payment collection to the next level. Get started today and revolutionize your payment collection process with Swwipe!