principal

The principal section captures details of the individual responsible for card processing services on behalf of the merchant's business.

principal elements

Top Level - Various identifiers regarding the principal's properties.

Element Description
responsibleParty Determines who is in charge of the day to day business operations.
Boolean true if yes, false if no
positions Required. Boolean map denoting the positions that an individual holds in the applying company.
Beneficial Ownership = 25% or greater ownership (all Beneficial Owners must be listed and include required information: name, address, ID Number, DOB.)
Authorized Signer can be an authorized signer or if ownership is less than 25%
Boolean true if yes, false/not present if no.
Populated from a list
ownershipPct Required if there is an Intermediary Owner. Percentage an individual owns of the business.
Can be 0% for principal, all additional shareholders should be at least 25%.
primaryNationality Required. Country of principal's primary nationality.
Use ISO 3166-1 alpha-3 standard (3 letter country code)
secondaryNationality Optional. Country of principal's secondary nationality.
Use ISO 3166-1 alpha-3 standard (3 letter country code)
residingCountry The principal's country of residence.
Use ISO 3166-1 alpha-3 standard (3 letter country code)
signingPersonalGuarantee Required. Used to determine if this person should be regarded as being expected to sign a personal guarantee in addition to their normal documents. NOT required for Sole Props
Boolean true if yes, false for no
Default to 'yes' for Sole Props
signingAgreement Required. Boolean denoting whether a person is signing the application's agreement. Boolean true if yes, false for no
usPerson Boolean denoting whether a person is a US citizen. Boolean true if yes, false for no.
It is derived from primaryNationality and secondaryNationality if nothing is provided in this field.
title Required only in cases where titleType is OTHER. Free text description of person's title, to be used when the correct option is not provided by titleType.
titleType Required. Title of a person.
Populated from a list

name - A recurring section that identifies individuals to eBoarding Partner API.

Element Description
firstName Required. An individual's first name
middleName Optional. An individual's middle name
lastName Required. An individual's last name

contactInfo - Includes details for identifying how to contact the individual identified in this nested section, such as contacting the principal or additional shareholders.

address - Refers to an individual's mailing address, either primary residence or business address. This data can be used to send printed materials to anyone being identified.

Element Description
streetName Required. Line one of individual's address
lineTwo Optional. Line two of individual's address
state Required. State/Province of individual's address.
Populated from a list
city Required. The city of an individual
postcode Required. The zip/postal code of an individual
country Required. The country of an individual.
Use ISO 3166-1 alpha-3 standard (3 letter country code)
classification Optional. Classification of address.
Required for business, principal, and addtional shareholder addresses.
Populated from a list

phone - The phone section contains all elements of a phone number, including the international code which is populated by enums found in the reference section.

Element Description
intlCode International Dialing Code.
Populated from a list
areaCode Required. The area code within a country
number Required. An individual's phone number

emailAddress - Collecting this data ensures that contact information is complete; use the email address of the principal, contact, or additionalShareholders to send bills, updates, and any other correspondence that is time sensitive.

Element Description
emailAddress Required for all signers, including the principal. Applicant's email address

dob - Collects the date of birth of an individual or additional shareholders. This is generally required unless the signer falls under AML exception.

error_outline
note

This field is optional for principals when the Customer Identification Program (CIP) exemption type [exemptionType located in businessInfo] is chosen.

Element Description
year Required. The year an individual was born
month Required. The month an individual was born.
Populated from a list
day Required. An individual's birth date

id - The id section identifies which document validates the identity of the applicant, for example: SSN, ITIN, government issued id. This information is generally required unless the signer falls under AML exception.

Element Description
idType Required. The type of identification used, such as passport, driver's license, etc.
Populated from a list
idNumber Required. The number of the identification used
expiryDate/issueDate
year Required. The year that the ID defined above expires/was issued
month Required. The month that the ID defined above expires/was issued.
Populated from a list
day Required. The day that the ID defined above expires/was issued

documentaryInfo

Principal(s) information can be validated through documentary or non-documentary means. If documentary (Sales_Team), the information from that document must be provided. If non-documentary, the principal(s) are validated internally. This information is generally required unless the signer falls under AML exception.

Element Description
documentary Required. This element describes whether documentary infomation is given. Boolean true for yes, false for no.
Makes additional fields required if true, and fields should not be given if false
documentaryIssuer Required.* Country of document issuance.
**Note:We use ISO 3166-1 alpha-3 standard (3 letter country code)
documentaryType Required.* Type of document.
Populated from a list
documentaryVerifier Required.* Verifier of document.
Populated from a list
idNumber Required. Identifier of document
issuingState Required. State/Province of document issuance.
Populated from a list
expiryDate/issueDate
year Required. The year that the ID defined above expires/was issued
month Required. The month that the ID defined above expires/was issued.
Populated from a list
day Required. The day the ID defined above expires/was issued

alternateAddressInfo

Optional; specifies alternate verification of document.

Element Description
documentNeeded Required. Describes if alternative information is needed or not.
Boolean true for yes,false for no
documentVerified Required. Describes if a submitted document is verified
Required if alternateAddressDocumentType is given
Boolean true for yes, false for no
alternateAddressDocumentType Optional. Type of document given for alternate address.
Populated from a list