Key Features
| Feature | Description |
|---|
| Payment Routing | Automatically forward all incoming collections to your main merchant account. |
| No Fund Storage | Dynamic accounts do not hold or store money independently—it’s immediately routed. |
| Simplified Setup | No lengthy verification (like BVN) is required during the creation process. |
| API-Driven | All dynamic account operations are performed seamlessly through API endpoints. |
| Expiry Time Limit | Accounts have a default maximum expiry of 30 minutes, but you can set your own time limit via the API during creation. |
Key Features
Dynamic accounts are collection-focused, meaning they come with strict restrictions:
- No Outgoing Payments: They cannot be used to process outbound transfers or payments (they’re strictly a one-way street).
- No Terminal Support: They cannot be linked to payment terminals or POS devices.
- Routing Only: Their function is exclusively as payment collection points.
API Operations
| Action | Endpoint | Key Detail |
|---|
| Create Account | Dynamic Account Creation API | Specify parameters (name, currency), returns a unique dynamic account number. No BVN needed for creation. |
| Fetch Data | Fetch Dynamic Account by ID Endpoint | Retrieve individual account information and access its status. |
| List All | List Dynamic Accounts Endpoint | Retrieve all accounts (test or live). Supports filtering and provides efficient, paginated responses. |
Webhook Notifications
You will receive webhook and email notifications when a dynamic account is funded.
Action Item: Ensure you configure your system to receive these payment status updates. Set or update your Webhook URL on the merchant dashboard under Settings → API & Webhooks → URLs.
