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Managed Payments lets platforms and fintechs embed Tazapay’s money-movement infrastructure to move funds for their customers without building banking rails or reconciliation in-house. Tazapay’s On Behalf Of (OBO) infrastructure lets you create collection accounts (virtual accounts or stablecoin wallets) and receive incoming funds on behalf of each of your customers, who can be individuals or businesses. Every incoming payment is automatically attributed to the right customer, so funds are always traceable and correctly reconciled.

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How the pieces fit together

Your customers live in your Platform / Fintech account. Each customer is represented by a single, reusable Entity object, so the same customer can be used across both collections and payouts. You never onboard a customer twice. Both flows settle into a single common balance held at the platform / fintech level. Collections increase the balance and payouts reduce it, so you always have one consolidated view of funds across all your customers.

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The end-to-end flow

At a high level, collecting on behalf of a customer looks like this:

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Onboarding & required information

What KYC is required, how approval works, and the reliance model for instant transactions.

KYC provider tokens

Reuse verification you’ve already done by passing Sumsub KYC tokens to Tazapay.