This guide explains how to create a Virtual Bank Account (VBA), set up notification groups to receive payment updates, and view VBA payment details.
Prerequisites:
Before you begin, ensure:
If you are a new user, click here to sign up with Cashfree Payments.
To create a VBA:
Note: (Optional) Enable Remitter Lock (TPV) to restrict payments to specific accounts and set transaction limits.
The VBA Accounts page displays all VBAs. You can copy details, update notifications, or deactivate accounts from this page.
To view payments related to VBAs:
To create a notification group:
What is a Virtual Bank Account (VBA)?
A Virtual Bank Account (VBA) is a unique, temporary bank account that helps businesses collect payments through NEFT, RTGS, and IMPS.
Can I collect payments from UPI apps such as Google Pay, PhonePe, or Paytm?
No. NPCI regulations do not allow UPI payments to Virtual Bank Accounts. These transactions fall under P2P (Person-to-Person) transfers, which do not work with VBAs.
Is there a transaction limit for payments to a VBA?
Yes. The payment mode (IMPS, NEFT, or RTGS) determines the transaction limit. You can also set a minimum and maximum limit when you create a VBA to control payment amounts.