Virtus
Designed to be highly flexible and customizable, funds are credited to your Fidelity account instantly.
Virtus
Simple and Powerul Collection Solution
Virtus enables you receive all kinds of payments from your various customers, clients and dealers via API integration.
Designed to be highly flexible and customizable, funds are credited to your Fidelity account instantly, and transaction reports are updated on your end immediately.
What can Virtus do for you?
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Fund Collection:
This solution guarantees seamless receipt of payments from your clientele/payers at any Fidelity Bank branch -
Validation of payer details:
Virtus can be integrated to your company’s backend environment in order to validate any number of payer details, and provide real time transaction notifications -
Real time transaction monitoring:
Receive, monitor and reconcile payments made to you from the comfort of your office.
Who can use Virtus?
- Schools (All kinds of fees collection)
- Business organizations (Monies for goods and services)
- Government organizations and NGO’s (Taxes, Fees, contributions, e.t.c.)
- Service companies (Utilities, e.t.c.)
Features
- Instant credit of funds to your Fidelity Bank account
- Direct integration to your business environment for data validation
- Real-time transaction reports and audit trails
- Real-time transaction notifications
- Customization of the outward facing app to accept any number of payment items
- Receipt generation
Benefits
- Saves time and stress of coordinating collections from multiple payers
- Faster business processes
- Easy reconciliation due to unique identifiers
- Easy payment options (for payers)
- No need to request account statements frequently
- Access to detailed reports, real time
- Helps reduce fund leakages, diversion, suppression and mismanagement
