What is MCA?
Merchant Collection Accounts (MCA) are virtual bank accounts provisioned by PayGlocal that allow merchants to receive international payments in multiple currencies — USD, EUR, GBP, AUD, and more — directly into accounts held in those countries. Instead of asking foreign customers to make a cross-border wire, your merchant shares a local bank account in the customer’s currency and country. The customer pays locally; PayGlocal handles settlement back to the merchant in INR.How It Works
1. Global Accounts Assigned
After a merchant is fully onboarded and activated, PayGlocal assigns virtual bank accounts across enabled currencies. Each account has local routing details (ABA, BSB, Sort Code, etc.).
2. Merchant Shares Details
The merchant shares the relevant account details with their overseas buyer. The buyer sends a local bank transfer — no SWIFT fees, no cross-border friction.
3. PayGlocal Settles
PayGlocal receives the funds, collects a supporting invoice from the partner, and settles the INR equivalent to the merchant’s bank account.
Integration Overview
As a partner, your integration involves three surfaces:Transaction Lifecycle
Guides
Fetch Account Details
Retrieve the virtual account details assigned to an onboarded merchant.
Webhook Events
Handle lifecycle notifications for fund receipt, settlement, and FIRC.
Upload Documents
Generate a presigned URL and upload the supporting invoice.