Merchant Profile submission

Overview

Merchant Profile information are critical for institutions to understanding merchants business details, operations, ownership and financial information, so that to conduct the Know Your Business (KYB), Know Your Customer (KYC), Anti-Money Laundering (AML) Compliance and Customer Due Diligence (CDD) process, and finally make the decision to approve or decline merchants onboarding.

Before you begin

Sign up the Metaprise developer devhub platform to get your unique Client ID and API key.
Obtain your access token by authenticating to Metaprise using your unique Client ID and API key. You will need the access token to make API calls.
Set up webhooks to receive notifications on Global Account events.

Merchant profile

Customer Profile	Description
Company Information	Legal Business Name DBA Register Country of incorporation Registration Date Company Registration Number (BRN) Entity Type Employer Identification Number (EIN) EIN Document Company Document Type Please provide Copy of BR(Business Registration), BI(Business Information), CI(Certificate of Incorporation) Ultimate Beneficial Ownership Form Ownership Type
Company Contact Information	Business Phone Business Email Register Address Trading Address Proof of Trading Address Type Proof of Trading Address File
Nature of Business	Is your company any of the following? Do you have business activities in the following countries? Industry Company Size Annual Turnover Description of Business Activities Sales Channel Customer Type Website URL The total amount of the first injection The source of the injection Documentary evidence to support the source of injection What are the top 3 currencies you expect to send or receive? How much money will you send each month? How many payments will you send each month? How much money will you receive each month? How many payments will you receive each month? Where will you receive money from? Where will you send money to? What locations do you have business operations in? Where will you be collecting money from? Where will you pay out? Proof of Business Type Proof of Business File
Owner Information	Legal First Name Legal Last Name Email Job Title Ownership Percentage Date of Birth Citizenship Phone Number Tax type Taxpayer Identification Number Home Address Identity Type ID Number ID Card(Front) ID Card(Back) Expiration Date Document proving person's right to reside in a region Upload a selfie of you holding your ID
Add your local bank account	Bank Name Bank Code Account Number Confirm Account Number SWIFT/BIC Bank Address

Create a Merchant

Use dashboard to create a new merchant.
1. Sign up in the Metaprise dashboard
2. Fill the required fields in the sign-up home page.
3. Login merchant dashboard and fill the profile information.
4. Submit profile information.
5. Move to Identity Verification.

Use API to submit merchant profile information.

To submit merchant profile, the assumption is this merchant already has Metaprise account. Institution could submit profile on behalf of merchants.

The following example shows how to submit merchant profile information.

Example Request

{   "legal_business_name":"",
    "dba":"",
    "business_phone":"",
    "registration_address": {
       "address_line1": "123",
       "address_line2": "123",
       "city": "123",
       "state_or_province": "123",
       "postcode": "123",
       "country": "123"
    },

Example Response

{
    "id": "dkl7699-6508-421e-b1cf-d4fbe41ed398",
    "created": 1678043844,
}