Open FDIC insured Deposit Accounts in seconds with our developer-friendly APIs and automated back-office. Our Deposit Accounts (also known as Checking Accounts or DDAs) have no incremental fees or hidden costs. These accounts open the door for a number of other services, including account/routing number issuance, card issuance, bill pay and account funding via ACH, Wires, Remote Deposit Capture or Card Processing.
Key features include:
Robust KYC for All Use Cases: Open accounts for underbanked or well-banked customers without any manual overhead or third party KYC/AML products.
No Incremental Fees: Spin up thousands of accounts without incremental costs. We don’t charge per user, monthly, maintenance, overdraft or minimum balance fees.
Account and Routing Numbers: Issue account and routing numbers for your checking accounts to facilitate direct deposits or incoming ACH and wire payments.
White-Labeled Visa Card: Issue Visa cards with your company logo and branding. All cardholders enjoy zero international travel fees and access to a surcharge-free MoneyPass ATM Network.
At the API level, opening a Deposit Account works the following way: