Glossary
Digital Wallet & Cards
A digital wallet is a platform that stores payment information and can be enhanced with virtual account integration for multicurrency functionality and international payments. When integrated with virtual IBANs, digital wallets help users manage international finances, reduce reliance on intermediaries, lower costs, and simplify payment reconciliation.
Virtual accounts connected to digital wallets can also be linked to virtual cards. Virtual cards function like physical credit or debit cards but exist only in digital form. They can be used for online transactions, subscription management, and one-time payments, giving users better control over spending and fund management.
Dynamic Discounting
Days Inventory Outstanding (DIO)