Identification of customers and use of virtual accounts

A computer-implemented method comprising:

• receiving monetary funds of a customer of a company into a monetary account;
• maintaining the received monetary funds of the customer virtually in a non-monetary account, the non-monetary account value being proportional to the received monetary funds;
• determining whether an identified customer is authorized to make a purchase with an associated payment amount;
• and
• upon determining the identified customer is authorized, decreasing the non-monetary account value proportional to the associated payment amount.

One or more non-transitory computer-readable media storing computer-readable instructions that, when executed by at least one computer, cause the at least one computer to perform a method of:

• maintaining a monetary account of a company at a financial entity;
• receiving monetary funds of a customer of the company into the maintained monetary account;
• maintaining the received monetary funds of the customer virtually in a non-monetary account, the non-monetary account value being proportional to the received monetary funds;
• determining whether an identified customer is authorized to make a purchase with an associated payment amount;
• and
• upon determining the identified customer is authorized, decreasing the non-monetary account value proportional to the associated payment amount.