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!