Getting Started
1. Onboarding
Business Scenario: The merchant submits onboarding materials (KYC/KYB) and actively polls the Pagsmile API to retrieve the audit results.
2.Create Virtual Account
Business Scenario: Conditional VA Issuance Flow The system routes the Virtual Account (VA) application workflow dynamically based on the designated businessType:
Shop Collection : Store creation is a strict prerequisite. The merchant must successfully open a store before the system permits VA allocation.
B2B Trade : The system bypasses the store validation layer and directly connects to the downstream clearings to issue the VA.
3.Collection
Business Scenario:Funds Credit Interception & Document Linking
Once funds reach your Virtual Account (VA), automated balance crediting may be suspended due to compliance policies based on your business type:
E-Commerce Platforms: A compliance hold is placed on the first-time inbound transaction only.
B2B Trade (Goods/Services Trade): A compliance check is enforced on every single transaction.
Action Required: In both scenarios, you must submit and link the requested compliance supporting documents (e.g., invoices, contracts) to the transaction to resume the crediting process.
4.Payment
Business Scenario: Balance Deduction & Payment Execution Pipeline To deduct funds from the merchant’s account balance, the system must strictly execute the payout workflow in a sequential pipeline as follows.
5.Transfer
Business Scenario: Internal Fund Transfer & Asset Allocation This workflow handles the cross-account fund transfers, multi-currency wallet conversions, and asset rebalancing within the merchant's corporate account ecosystem. It enables seamless fund allocation between the merchant's master account, sub-accounts, or different currency ledgers within the same platform hierarchy.
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