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Virtual Wallets provide a flexible and secure way for organizations and their businesses to manage funds digitally. This document outlines key wallet operations including wallet creation, custom labeling, freezing/unfreezing, and wallet retrieval.
  • Wallet Creation: Organizations and Organization businesses can create one or more virtual wallets based on specific operational needs. Each wallet serves as a dedicated account for managing transactions independently. This flexibility supports various use cases such as departmental budgets, customer accounts, or project-specific funds.
  • Custom Wallet Labels: Every wallet can be assigned a unique custom label to easily identify its purpose or usage context. This helps in organizing and tracking multiple wallets under a single organization or business with ease.
  • Freeze and Unfreeze Wallet: To enhance control and security, wallets can be temporarily frozen—restricting all inflows and outflows. This is useful for fraud prevention, operational audits, or compliance checks. Once the need passes, wallets can be unfrozen to resume normal activity.
  • Get All Wallets: Organizations and businesses can retrieve a paginated list of all virtual wallets associated with their profile. This allows for structured access to wallet data across various departments or service units.
  • Get Wallet by ID: To access specific wallet details, organizations or businesses can query using the wallet ID. This operation returns all metadata and current status of the selected wallet.