Overview
The submerchant feature lets a parent merchant (fintech or PSP) manage multiple submerchants. Transactions are attributed to each submerchant, which makes compliance easier to manage at a granular level.How it works
Submerchants are available through the API. Parent merchants only need an API key to list, create and update their submerchants.- Create an API key
- Create a submerchant through the API
- Use the submerchant ID for payment and transfer transactions
- Track payments and transfers from the dashboard or through the transaction webhooks
Key advantages
- Risk mitigation: a single submerchant can be suspended without impacting the others, so one bad actor does not get the entire platform blocked.
- Granular control: you can view and follow the status of each submerchant individually.
- Traceability: every payment and transfer made for a submerchant carries its
subMerchantId, visible through the API and the dashboard.