Create your BrandDrive business wallet to manage funds, make payments, and handle business transactions easily.
What is BrandDrive Wallet?
BrandDrive Wallet is a digital account within your BrandDrive platform that allows you to:
- Store business funds securely
- Make vendor payments quickly
- Process bulk transfers
- Pay team salaries
- Handle business expenses
Accessing Wallet Setup
Navigate to Banking > Wallet or Finance > Wallet and click “Create Wallet” or “Activate Wallet”.
Wallet Activation Steps
Step 1: Verify Your Business
Provide required business information:
- Business registration number
- Tax identification number
- Business bank account details
- Owner/Director identification
This ensures compliance with financial regulations.
Step 2: Set Security PIN
Create a 4-6 digit PIN for wallet transactions. This PIN is required for:
- Withdrawals
- Transfers
- Payment approvals
Keep your PIN confidential and don’t share with anyone.
Step 3: Link Bank Account
Connect your business bank account for:
- Funding your wallet
- Withdrawing wallet balance
- Automatic settlements
Enter bank name, account number, and account name.
Step 4: Complete KYC
Submit Know Your Customer (KYC) documents if required:
- Valid ID (National ID, Passport, Driver’s License)
- Proof of address (Utility bill, bank statement)
- Business registration documents
Documents are reviewed within 1-2 business days.
Wallet Features
Balance Management: View available balance, pending transactions, and transaction history in real-time.
Multiple Currencies: Hold funds in different currencies if your business operates internationally.
Transaction Limits: Daily and per-transaction limits based on your verification level and plan.
Wallet Status
Your wallet can have different statuses:
- Pending – Activation in progress
- Active – Fully operational
- Restricted – Limited functionality (pending verification)
- Suspended – Temporarily disabled (contact support)
Security Features
BrandDrive Wallet includes:
- End-to-end encryption
- Two-factor authentication
- Transaction PIN requirement
- Real-time fraud monitoring
- Activity alerts
Wallet Limits
Limits vary by plan and verification level:
- Daily transaction limit – Maximum amount per day
- Single transaction limit – Maximum per transaction
- Monthly limit – Total monthly volume
Upgrade verification level or plan to increase limits.
Verification Levels
Level 1 (Basic): Limited transactions, basic features Level 2 (Verified): Higher limits, full features Level 3 (Enhanced): Highest limits, premium features
Increase level by submitting additional documentation.
Need Help?
Contact [email protected] or visit ourHelp Center.
Related Articles: Adding Funds to Your Wallet | Managing Wallet Transactions