Create Payout Sender

Create a payout sender to be used as the payer for payouts. The payout sender can be an individual or a company, serving as the source of funds for payouts.

Required fields: sender_name, type (must be "individual" or "company"). All other fields are optional.

Conditional requirements:

  • If type is "individual", provide an individual object with the required individual details.
  • If type is "company", provide a company object with the required company details.

Sender Party explained

  • As a merchant paying an invoice from a supplier through a bank transfer, the sender party is the merchant.

  • For a marketplace platform collecting funds from buyers and sending them to a third party, the source of funds is the buyer.

  • For a remittance company providing a platform for buyers to remit funds cross-border, the sender party is the buyer.

  • For a company making payroll payments to employees, the sender party is the company.

Depending on the market, sender party parameters may change. It is advisable to create a sender party for yourself if funds need to be sent to suppliers.

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