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What is a 2PayApp business payment account?

A 2PayApp business payment account is a multi-currency account for eligible international companies. Depending on the approved configuration it can hold EUR, GBP and USD, send and receive payments through SEPA, SEPA Instant, Faster Payments, SWIFT and ACH, receive merchant settlement payouts, provide a dedicated GB IBAN and virtual IBANs, and support currency exchange. It is a payment account, not a bank account.

Last reviewed: 2026-09-09

Article facts

FieldVisible value
Customer typeLegal entities
CurrenciesEUR, GBP, USD
Payment railsSEPA, SEPA Instant, Faster Payments, SWIFT, ACH
Account identifiersDedicated GB IBAN and virtual IBANs, where available
Merchant settlementsSupported for eligible merchants
AccessOnline dashboard, multi-user, dedicated account manager
Is it a bank account?No
Last reviewed2026-09-09

What the account is used for

The account is designed for cross-border commercial activity:

  • incoming customer payments;
  • merchant settlement payouts;
  • supplier payments;
  • contractor payments;
  • intercompany transfers;
  • currency exchange;
  • operational business expenses.

What it is not

  • It is not a bank account, and balances are not bank deposits.
  • It is not a card-acquiring service. Card acceptance is arranged separately with an acquiring provider; the account receives the resulting settlement payouts.
  • It is not a personal account. The platform serves companies.
  • It is not a fixed package. Currencies, rails, identifiers, limits and pricing are set per customer.

What a company actually receives

Available currencies, payment rails, limits, account details and pricing are determined after the compliance review and stated in the individual offer. A capability listed on this site is something the platform can provide, not a confirmation that it was approved for your company.

Frequently asked questions

Can we hold all three currencies? EUR, GBP and USD are the core supported currencies. What is enabled for your company is stated in your offer.

Can several colleagues use the account? Multi-user access is among the capabilities that may be included in the approved configuration.

Is there an account manager? A dedicated account manager is part of the service for eligible corporate customers.

Can we receive settlements and pay suppliers from the same account? Eligible settlement funds may be used for approved business payments to suppliers, contractors and other counterparties.

This article is explanatory. The individual offer and applicable agreements prevail if they differ from it.

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