Instant Bank Deposit

The instant bank deposit method is powered by virtual bank accounts. A Virtual Bank Account (Virtual Account) is a special type of bank account that can be dedicated to a single merchant such that every payment made into that account is associated with the merchant to which it is assigned. What this means is that, by using virtual accounts, we can identify each deposit and more importantly identify who made the deposit so that the associated Shutterscore merchant account is credited automatically.

How to retrieve your instant deposit details

You can retrieve the virtual bank account details or crypto wallet addresses assigned to you for deposit into your Shutterscore account at any point. All you need to do is:

a. Use your merchant dashboard

1. Log into your dashboard
2. Click on balances on the sidebar
3. Identify your Nigerian Naira, USDT or USDC wallet
4. Click deposit button besides the wallet
5. Pick the Instant Bank Deposit, Dynamic Bank Deposit or Instant Crypto Deposit option and wait for the details to be generated for you.

b. Via the Shutterscore API

You can also retrieve the virtual account details via API by making a request to the deposit details endpoint. The requests are given below.

Get Naira deposit details

{{baseurl}}/v1/merchant/public/transactions/methods?type=deposit&currency=NGN&slug=instant-bank-deposit

{
    "status": true,
    "statusCode": 200,
    "message": "deposit method retreived successfully",
    "data": [
        {
            "label": "ACCOUNT NAME",
            "name": "account_name",
            "required": "required",
            "guide": "*",
            "value": "Prime Switch Limited",
            "render": "text"
        },
        {
            "label": "ACCOUNT NUMBER",
            "name": "account_number",
            "required": "required",
            "guide": "*",
            "value": "1859562422",
            "render": "text"
        },
        {
            "label": "BANK NAME",
            "name": "bank",
            "required": "required",
            "guide": "*",
            "value": "Bank of Africa",
            "render": "text"
        }
    ]
}

What happens after making an instant deposit

Immediately you make a payment into the virtual account or crypto wallet address assigned to you, Shutterscore listens for this transaction and fetches the details so that the transaction can be recorded in your Shutterscore transaction history and your balance updated. If you have webhooks enabled and have configured your application to receive webhooks, Shutterscore will send a webhook notification to your application via your webhook url.