On our Virtual Account product documentation, you might stumble the wording "Aggregator" and "Switcher" and wonder what both of them stands for. The difference between the two will be covered in this article.
The term "Aggregator" and "Switcher" used to differentiate the commercial model where the implication will fall into three main things, which are:
- Activation process
- Fund settlement
- Fee
The difference between Aggregator and Switcher model for VA by description are informed as below:
Aggregator
Xendit provide you with multiple bank channel that will instantly activate when your account has been Live!
All this bank channel have fund settlement directly to your Xendit Account. Fund movement for each transaction happen from user balance to your account under Xendit. You have the freedom to withdraw funds at your convenience. Fee for all bank channel are flat as we arrange this to makes you more convenience.
Switcher
You can independently activate the bank channel as your VA settlement account by directly contact the bank. Each bank channel will need separate process to makes your desirable VA switcher account activated. Fund movement of your transaction happen from user balance directly to your bank account! In this commercial model, you have your own convenience to negotiate the additional fee transaction directly with your bank partner.
To help you better with the understanding both models, below is the list of differences both model does:
| Dimensions | Aggregator | Switcher |
| Settlement Destination | Sent to your Xendit Account | Sent directly to your Bank Account |
| Activation | Directly through your Xendit Dashboard | Need to create MID to your preferred bank |
| Fee per transaction (+VAT) |
4.000 IDR |
2.000 IDR + additional bank fees* |
*Bank fees are determined by each bank and are based on direct agreements between the merchant and the bank.
Check our other information below if you're interested in activating Xendit's VA Payment Method option!
-
How to Activate the VA Aggregator?
https://help.xendit.co/hc/en-us/articles/4917301816985-How-to-Activate-the-VA-Aggregator -
How to Activate Switcher VA?
https://help.xendit.co/hc/en-us/articles/5025608052249-How-to-Activate-Switcher-VA