Create Merchant

Creates a merchant (INDIVIDUAL or CORPORATE) and submits it for KYC/KYB review.

Tier structure

Tier 1/2: corporationDetails (or personalDetails for individual) only. As of v2.1, natureOfBusiness (and optional otherNatureOfBusiness) can also be submitted within additionalCorporationDetails — submit this block with only these fields.

Tier 3: Additionally submit full additionalCorporationDetails (or additionalPersonalDetails). All fields in the additional block are required, including sourceOfWealth (new in v2.1).

20260616 changes

natureOfBusiness enum: 1-18 extended to 1-24 (6 new categories appended; 7 existing names updated per Business Nature mapping. Others stays at 18.)

otherNatureOfBusiness (string, optional): fill when natureOfBusiness = 18 (Others)

sourceOfWealth: now required for tier 3 submissions in both individual and corporate

Tier 1/2: can submit additionalCorporationDetails with only natureOfBusiness

Merchant activation

A non-fi-owned merchant is created in NOT_ACTIVATED; an fi-owned merchant is NO_NEED_ACTIVATION.

The request body is unchanged. activationStatus is stored server-side and is not returned in this response — query it via Get Merchant.

Request

Authorization

Provide your bearer token in the

Authorization

header when making requests to protected resources.

Example:

Authorization: Bearer ********************

Body Params application/json

Example

{
    "applicationType": 2,
    "merchantDetails": {
        "personalDetails": {
            "firstName": "John",
            "middleName": "Michael",
            "lastName": "Doe",
            "dateOfBirth": "1985-06-15",
            "nationality": "US",
            "residentialAddress": {
                "country": "US",
                "state": "Arkansas",
                "city": "Little Rock",
                "postcode": "02162",
                "addressLine1": "123 Main Street",
                "addressLine2": "Apt 4B"
            },
            "contactNumber": {
                "countryCode": "86",
                "phoneNumber": "041184807040"
            },
            "email": "john.doe@example.com",
            "taxResidency": "US"
        },
        "additionalPersonalDetails": {
            "occupation": "Software Engineer",
            "purposesOfAccountOpening": [
                "Sell Crypto"
            ],
            "sourceOfFunds": [
                "Sale of Assets"
            ],
            "sourceOfWealth": [
                "Investments or Trading"
            ]
        },
        "supportingDocuments": [
            {
                "type": 2,
                "fileId": "FILE_PASSPORT_US_123456"
            }
        ]
    },
    "acceptedTnC": [
        "X101"
    ],
    "clientReference": "REF202604150003"
}

Request Code Samples

Shell

JavaScript

Java

Swift

PHP

Python

HTTP

Objective-C

Ruby

OCaml

Dart

Responses

🟢200Success

application/json

Bodyapplication/json

Example

{
    "code": 200,
    "msg": "success",
    "data": {
        "applicationId": "2044242841240592386",
        "merchantDetails": {
            "participantCode": "B0100106",
            "applicationType": 1,
            "clientReference": "REF202604150003",
            "merchantDetails": {
                "personalDetails": {
                    "name": "Josh Hartmann",
                    "dateOfBirth": "1985-06-15",
                    "nationality": "US",
                    "residentialAddress": {
                        "country": "US",
                        "state": "Indiana",
                        "city": "Indianapolis",
                        "postcode": "46201",
                        "addressLine1": "123 Tech Avenue",
                        "addressLine2": "Suite 400"
                    },
                    "jobDesignation": "Senior Software Engineer"
                },
                "additionalPersonalDetails": {
                    "phoneNumber": "(317) 555-1234",
                    "emailAddress": "josh.hartmann@example.com",
                    "employerName": "TechCorp Inc.",
                    "occupation": "Software Engineer",
                    "industry": 18,
                    "purposes": [
                        "Sell Crypto",
                        "Wealth Products (fiat)"
                    ],
                    "sourceOfFunds": [
                        "Other"
                    ],
                    "sourceOfWealth": [
                        "Other",
                        "Business Loan",
                        "Sale of Assets"
                    ]
                }
            },
            "requiredDocuments": [
                "Passport",
                "Proof of Address",
                "Bank Statement"
            ]
        },
        "status": 3,
        "createAt": 1744704000000
    }
}