Alta: What is the Digital Wallet?

Our Digital Wallet enables sellers to receive revenue from multiple sources (marketplaces, platforms, your customers) and funds from your own bank account.  

It consists of multiple virtual “Collection Accounts” which enable you to accept up to 37 currencies. We will provide you a Collection Account number for each currency (a specific bank account number, routing number, etc.) for where you should send funds. We will then attribute those funds to your Digital Wallet.

The currencies held in your Digital Wallet can then be used to pay suppliers, service providers, employees/contractors, and taxes globally - all from one account.

 

 

NOTE: The Digital Wallet is not a bank account - it is not federally insured, and does not accrue interest on balances held within.

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