Virtual One Time Account - Monirates

A virtual one-time account is another way to collect NGN from users. Each account is generated on demand, valid for a limited duration, and tied to a specific amount.

Virtual one-time accounts are limited to NGN only. You must have an existing NGN wallet before creating one.

Endpoint: POST /transaction/collection/virtual-account

Request Body

Field	Required	Description
`amount`	Yes	The amount to be collected in NGN.
`validFor`	No	Duration in seconds the virtual account remains valid (e.g. `3600` for 1 hour). Defaults to 15 minutes if not provided.

{
  "amount": 5000,
  "validFor": 3600
}

Sandbox vs. Production

	Sandbox	Production
Funding	Account is automatically funded on creation	You fund the account yourself
Amount limit	Maximum of ₦10,000 per virtual account	No restriction

In sandbox, creating a virtual account with an amount greater than ₦10,000 will throw a validation error.
In sandbox, the account generated is automatically funded.
Fees may apply.