Creating Sub-Accounts

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Key Characteristics

• The end customer has their own account on Tazapay
• Funds flow do not impact your platform’s balance, it directly impacts the customer’s balance
• Your platform acts as an orchestrator, not a funds holder

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When This Model Is Typically Used

• You do not want to be in the flow of funds
• You want clear separation of balances
• Regulatory or licensing constraints require this

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Operationally, How This Works

• Your platform can initiate payouts for the sub-account using the dashboard or API
• The sub-account remains the economic owner and beneficiary of funds
• Compliance, reporting, and settlement are tied directly to the sub-account
• Tazapay treats the sub-account as the primary party for regulatory purposes

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Onboarding and Approval

• Each sub-account undergoes a full onboarding flow
• Only businesses can be onboarded as sub-accounts. This link contains the onboarding requirements.
• Sub-accounts are subject to Tazapay approval before becoming active