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Overview
The submerchant feature enables a Parent Merchant (Fintech or PSP) to manage multiple submerchants. It ensures that transactions are correctly attributed to each submerchant and facilitates granular compliance management.
How it works
Available via API, merchants will only need an API key to list, create and update submerchants.
- Create an API key
- Create submerchant via API
- Add SubmerchantId for Payment and Transfer transactions
- Track payments from the dashboard or through webhooks associated with the payment.
Key Advantages
- Risk Mitigation: You can block a single submerchant without impacting the others, reducing the risk of an entire platform being blocked due to one bad actor.
- Granular Control: You gain the ability to view and follow the status of each submerchant individually.
- Traceability: All operations are scoped, and every transaction is tagged with a
sub_merchant_id, ensuring detailed logs and traceability via APIs and the dashboard.