Virtual Accounts

Squad Virtual Accounts API allows you to create and reserve bank account numbers for receiving payments from your customers.

This documentation site has been deprecated as of September 8, 2025, and will no longer receive updates. Please refer to the new documentation site at https://docs.squadco.com.

This service is only available to Select Registered Businesses in Nigeria. To be verified, kindly contact [e-mail] and copy [e-mail]

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Virtual accounts can be seen as another payment channel for your business since customers can now pay to the account number assigned to them. Whenever money is sent to the dedicated virtual account, you will get notified via your WEBHOOK URL and the funds ultimately settled/credited into your nominated bank account.

These events will be sent to your webhook URL so your servers can take action with respect to the payment on your system.

Explore our API reference to get an idea of everything that's possible with the Virtual Accounts API: