If you have set up a Global Account and have xenPlatform activated, you can start creating sub-accounts to accept payments on their behalf and route funds between all your accounts.
Creating and verifying sub-accounts
Find the “Create Sub-account” button in the xenPlatform Sub-Accounts page. After providing a business name for the sub-account, you can either:
Verify the sub-account yourself, if you are the Authorized Representative
Invite an Authorized Representative who legally represents the business to later submit the verification information
Note: Only the Authorized Representative can submit the business verification form once it’s filled in. They are also required to complete a Liveness Verification test. The person creating the sub-account can also access the verification form at any time.
Additional Configurations
You will also need to specify how webhooks are sent for events occurring in your sub-accounts. You can set this to either use the Master account’s configured webhook URLs (synchronized), or use the sub-account’s configured webhook URLs.
Using the API
Our Create Account API can also be used to automate the sub-account creation process. You can refer to this guide for more details.
To pass on KYC information and verify sub-accounts using the API, refer to this guide.
Next steps
After your sub-accounts have gone Live, you can follow our guide to start accepting payments or create Split Rules to transfer a portion of the payment amounts to different accounts.