Select is adding Virtual Accounts to improve the speed and efficiency of crossborder payments for its individual customers and optimize treasury flows for its business customers.
Select has integrated MoonPay Virtual Accounts, powered by Iron, a MoonPay company. The integration gives Select a direct way to offer Virtual Accounts inside its product. It helps Select’s global customer base streamline on and off ramp flows, with clearer rails and fewer operational steps when moving funds in and out.
Virtual Accounts are designed for products that need reliable account based flows. They can support customer funding, payouts, and internal treasury workflows through a single integration, without building banking infrastructure from scratch.
“Businesses want faster crossborder movement and cleaner treasury operations, but they do not want to stitch together local accounts and manual processes to get there,” said Max von Wallenberg-Pachaly, CEO of Iron. “Virtual Accounts give platforms like Select a straightforward way to offer reliable fiat rails at global scale, with the controls and clarity their customers expect.”
Built for modern money movement
Select is using MoonPay Virtual Accounts to make account based flows easier to embed and easier to manage. The result is a cleaner experience for end users and a more consistent operational foundation for Select as it scales.
Virtual Accounts support first and third party payments across local and international rails. They are available in USD, EUR, and GBP, with support for SWIFT for international transfers.
Get started
MoonPay Virtual Accounts are now available in Select. Visit Select to explore Virtual Accounts and start enabling account based flows in your product.