Do I have to create an Account, Merchant Account, or just a customer to Credit a Balanced Bank Account? -
balanced payments documentation unclear debits , credits. have merchants, customers , accounts. says accounts deprecated , use customer. can shed light on corrections have in workflow:
- form cc fields tokenizes card.
- create customer buyer , add card.
- debit buyers card.
- create customer object.
- add bank account second customer object.
- credit second customer object
do need merchant fields on second customer object (dob, postal code, etc)? need underwriting second customer object?
your workflow correct.
the customer resource abstracts away pain account resource had when dealing underwriting merchant. underwriting required part of kyc (know customer) operation requirements balanced needs follow. each customer has attribute named is_identity_verified can know if customer's identity verified. ideally want make sure identity verified each customer crediting. while can still perform credits (i believe limit) customers identity not verified, run risk of increased fraud , there may consequences marketplace.
also, feel free stop #balanced on irc. you'll faster answers questions there directly developers.
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