Create a Business Owner
POST /accountmanagement/v1/accounts/account_id/businessowners
Now that you have created the merchant account and added a user, you must create a business owner who owns the merchant account.
To create a business owner, you must initiate a POST request to the businessowners endpoint. When you create the business owner, they are automatically associated with the account ID provided in the endpoint.
curl -X POST https://api.test.paysafe.com/accountmanagement/v1/accounts/89987201/businessowners \
-u devcentre322:B-qa2-0-53625f86-302c021476f52bdc9deab7aea876bb28762e62f92fc6712d0214736abf501e9675e55940e83ef77f5c304edc7968 \
-H 'Content-Type: application/json' \
-d ' {
"firstName": "Joe",
"middleName": "Xavier",
"lastName": "Smith",
"jobTitle": "CEO",
"phone": "5559998888",
"ssn": "123123456",
"email": "jxs@gmail.com",
"dateOfBirth": {
"day": 19,
"month": 8,
"year": 1976
},
"nationality": "CA",
"percentageOwnership": 50,
"isApplicant": true,
"customerIp": "127.0.0.1"
}'
Prior to trying the example above, you should:
- Replace the account number (89987201) in the URL with the Test account number you received.
- Replace the API key (after the -u) with the API key you have received
{
"id": "8ede583e-6326-4298-885b-988522f6c54e",
"firstName": "Joe",
"lastName": "Xavier",
"middleName": "Smith",
"email": "jxs@gmail.com",
"jobTitle": "CEO",
"phone": "5559998888",
"nationality": "CA",
"percentageOwnership": 50,
"isApplicant": true,
"customerIp": "127.0.0.1",
"ssn": "*******56",
"dateOfBirth": {
"day": 19,
"month": 8,
"year": 1976
},
"links": [{
"rel": "self",
"href": "https://api.test.paysafe.com/accountmanagement/v1/businessowners/8ede583e-6326-4298-885b-988522f6c54e"
}]
}
Business Owner Requirements
When adding a business owner to a merchant account, Partners are responsible for the following requirements:
- Partners must ensure that the applicant is an authorized signatory based on the business type included in the merchant account creation request, as per the following tables.
- Partners must ensure that the appropriate applicant provides accurate personal details – also based on the business type – in the business owner creation request, as per the following tables.
Requirements for Canada and Europe
Business Type | Authorized Signatory | KYC Requirements |
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Requirements for U.S.
A Control Prong is an individual with significant responsibility for managing the legal entity customer (e.g., a Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Managing Member, General Partner, President, Vice-President, or Treasurer).
Business Type | Authorized Signatory | KYC Requirements |
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See our API Reference section for a list of all the JSON attributes and types available for the business owners endpoint.