Flow Release Notes | Version 3.1.0

Decentro has launched its latest payment solution, E-Collect, enabling merchants to seamlessly collect funds in virtual accounts. The stack supports multiple payment methods, including RTGS, IMPS, and NEFT, facilitating high-value transactions and enhancing fund reconciliation for merchants. With E-Collect, businesses can streamline their payment processes and scale operations efficiently.

Launched Create Virtual Account

• Merchants can now create Virtual Accounts (VAs) using the Decentro platform, allowing them to efficiently collect funds. The generated Virtual Account number serves as a beneficiary identifier for payers to deposit funds directly into the VA, streamlining the payment process and enhancing financial management capabilities.

Learn more about our create virtual account API here

Launched Get statement API

• Merchants can now effortlessly fetch their virtual account statements with our new API. This feature enhances visibility into fund movements, enabling quicker reconciliation and accurate transaction recording. Streamline your financial processes today!

Learn more about our Get statement API here

Launched Manage settlement account

• Decentro has launched it's latest API for managing settlement accounts linked to virtual accounts with Decentro.
  • Activate: Effortlessly add a new settlement account to your virtual account.
  • Deactivate: Seamlessly disable an existing settlement account when needed.

Learn more about our manage settlement account here

Launched Settlement callback

• This functionality allows merchants to proactively receive updates on the status of settlements directly to their pre-configured endpoint.
• To set up this feature, simply share your platform's endpoint with Decentro, and we'll handle the rest. Stay informed and in control of your settlements with the new Settlement Status Callback.

Learn more about our settlement callback here