The first step when using xenPlatform, is to create a sub-account for each Partner that you will be managing payments for.
For marketplaces, these could be your vendors; for SaaS providers, these could be your subscribers.
There are two types of sub-accounts available depending on your needs.
Owned sub-accounts | Managed sub-accounts | |
How are sub-accounts created? | API | API or hosted landing page |
Who needs to go through Xendit’s KYC process? | Platform only | Both Platform and each Partner |
When can transactions be made for Partners? | Immediately after sub-account creation | After KYC |
Whose details do end-payers see? | Platform's | Partner's |
Who can access the Xendit dashboard? | Platform | Both |
For both owned and managed sub-accounts, you will receive a callback with account details every time a new sub-account is created. Save the id in your system in order to create transactions for these sub-accounts.
Require something different? Let’s talk!