Skip to content
Merchant settlements

Can I receive settlements from several acquirers?

Subject to approval, merchants may receive settlement payouts from more than one acquiring provider. Virtual IBANs may be used to identify and separate incoming settlement flows by provider, store, website, project or legal entity. Availability depends on the account configuration and on the payout requirements of each acquiring provider, and each payment flow is reviewed.

Last reviewed: 2026-09-09

Article facts

FieldVisible value
Several acquiring providersPossible, subject to approval
Each flowReviewed individually
Separation methodVirtual IBANs, where available
Split can be byProvider, store, website, project, legal entity
Does one acquirer's acceptance imply another's?No
Last reviewed2026-09-09

Why each flow is reviewed

An acquiring relationship carries its own facts: the provider, the currency, the countries the payments come from, the products sold under it and the volumes. Adding a second provider is a change to the payment profile, not a repeat of the first approval.

Expect to supply the acquiring agreement and processing or settlement statements for each provider.

Separating the flows

Where virtual IBANs are available, assigning one per acquiring provider means each payout is identifiable on arrival rather than matched afterwards by amount and date. The same approach works per store, website, project or legal entity.

See How do virtual IBANs help with reconciliation?.

Two constraints to plan around

  1. Your configuration. The number of identifiers, their currencies and their permitted uses are determined during onboarding.
  2. Each provider's own requirements. Every acquiring provider applies its own rules to settlement accounts, beneficiary countries, currencies and identifiers. One provider accepting the details says nothing about the next — confirm each separately before changing an instruction.

Frequently asked questions

Can I receive settlements from multiple PSPs? This may be possible following review of each payment flow.

Do we need a separate identifier per provider? Not necessarily, but it is the usual reason to ask for several. State the use case during onboarding.

Can we add a provider after approval? Yes, as a change to the payment profile. Report it rather than routing an unannounced flow into the account — see Why are checks repeated after approval?.

Can flows be in different currencies? EUR, GBP and USD settlement flows may be supported depending on the acquiring provider and approved account configuration.

This article is explanatory. The individual offer, the applicable agreements and each acquiring provider's requirements prevail if they differ from it.

More answers