Virtual accounts are different from bank transfers because payments made to virtual accounts are faster, more accessible, and easier to be identified.  

Since bank transfers provide limited information on the source of funds, customers have to provide proof of payment after the bank transfer is made.  With virtual accounts, each customer is given a unique virtual account, which makes it much easier to confirm which customer was making the payment.  

In addition, there are multiple methods for a customer to make a virtual account payment. Customers can pay through ATM, internet banking, mobile banking app & teller (but several banks not supported)

By using Xendit, merchants get access to virtual accounts at the largest banks: BCA, Mandiri, BRI, BNI, Permata, dan Bank Sahabat Sampoerna allowing you to easily collect payment regardless of which banks your end customer is using.