Can businesses within a platform receive payouts in additional currencies?

Created by Tap Applications, Modified on Mon, 19 Feb 2024 at 08:54 AM by Tap Applications

Yes, they definitely can. If a business within your platform wants payouts in additional currencies, you can set that up easily. Just follow the steps below:

  1. Using the Merchant API, create a new Merchant ID using the existing Business ID and Business Entity ID of the business that is received from the Create a Business response.

  2. Create an Operator for the newly created Merchant ID using the Operator API to get the API credentials associated with this Merchant ID. Ensure that you pass the Wallet ID received in the Create a Merchant response and Developer ID received in the Create a Business response.

Once the separate Merchant ID’s are created for each payout currency, ensure that you pass the respective Merchant API credentials (provided in the operator response) within the Charge API request header to process payouts in the respective currency. For instance, if the payout currency is SAR, then pass the Merchant’s SAR API credentials in the charge request header.

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