Wallets are used to hold the funds of the client or merchant after a successful transaction is conducted. Wallets with currency that defaults to business's currency are created automatically on creation of business, however wallets in other currencies can also be created to receive funds in that currency.

There are two types of wallets created for every merchant, balance and commission wallet
Balance wallet: Total amount for a transaction is credited into the balance wallet
Commission Wallet: Vendy pays out a commission into the commission wallet for each transaction conducted on the platform if the merchant qualifies. The amount paid is at sole discretion of Vendy and may not be paid out immediately.

Merchants can withdraw money from their wallet into their bank accounts or mobile money wallet. To withdraw funds from their wallets, they need to add their bank account or mobile money wallet as a payout account and then initiate a payout (withdrawal) from their wallet into the payout account.