Receivers

People or businesses that will receive payments or stablecoins.

What is a receiver?

A receiver is an individual or business entity designated to interact with BlindPay.

For compliance and regulatory requirements, every customer on your platform must be registered as a receiver in BlindPay. This is a mandatory step to ensure proper transaction tracking and reporting. If any of your customers operate as money transmitters (entities that transfer funds on behalf of others), they are also required to register their end customers as receivers in the system. This multi-level registration ensures complete transparency throughout the payment chain.

You can attach multiple bank accounts and blockchain wallets to a receiver.

Compliance and KYC

Every receiver is required to go through a KYC process to verify their identity.

These are the data we collect for every receiver type (business, individual) and receiver kyc_type (standard, enhanced):

KYC/B Standard

Individual	Business
First name	Legal name
Last name	Tax ID (government id number)
Date of birth	Formation date
Email	Email
Country	Country
Tax ID (government id number)	Doing business as*
Phone number*	Website*
IP Address	IP Address
Country	Country
Address 1	Address 1
Address 2*	Address 2*
City	City
State/province/region	State/province/region
Postal code	Postal code
ID Document - Country	UBOS + Shareholders above 25% (everything from Standard KYC but no Phone and IP Address)
ID Document - Type (passport, id card, drivers license)	Company Formation Document
ID Document - Front	Proof of Ownership Document
ID Document - Back*	Proof of Address - Type*
Proof of Address - Type (utility bill, bank statement)*	Proof of Address - Document*
Proof of Address - Document*

KYC Enhanced

Everything from KYC/B standard, plus:

All individuals on Enhanced KYC will be manually verified by BlindPay compliance team. This process can take up to 24 hours.

Individual
Source of Funds Document Type
Source of Funds Document File
Individual Holding Document Front File
Purpose of Transactions
Purpose of Transactions Explanation

All fields with a * are optional.

Payout Limits

All the limits are based on the amount of stablecoins that are going to be sent to the receiver.

	KYC Standard	KYB Standard	KYC Enhanced
Per transaction	10,000	30,000	50,000
Daily	50,000	100,000	100,000
Monthly	100,000	250,000	500,000

Creating a receiver

You can check the required fields in the BlindPay API Docs.

Before creating a receiver, you need to:

Remember: replace YOUR_SECRET_TOKEN with your API key and in_000000000000 with your instance ID.

cURL

curl --request POST \
  --url https://api.blindpay.com/v1/instances/in_000000000000/receivers \
  --header 'Authorization: Bearer YOUR_SECRET_TOKEN' \
  --header 'Content-Type: application/json' \
  --data '{
    "type": "individual",
    "kyc_type": "standard",
    "email": "[email protected]",
    "tax_id": "12345678",
    "address_line_1": "8 The Green",
    "address_line_2": "#12345",
    "city": "Dover",
    "state_province_region": "DE",
    "country": "US",
    "postal_code": "02050",
    "ip_address": "127.0.0.1",
    "phone_number": "+1234567890",
    "proof_of_address_doc_type": "UTILITY_BILL",
    "proof_of_address_doc_file": "https://pub-4fabf5dd55154f19a0384b16f2b816d9.r2.dev/v4-460px-Get-Proof-of-Address-Step-3-Version-2.jpg.jpeg",
    "first_name": "John",
    "last_name": "Doe",
    "date_of_birth": "1998-01-01T00:00:00Z",
    "id_doc_country": "US",
    "id_doc_type": "PASSPORT",
    "id_doc_front_file": "https://pub-4fabf5dd55154f19a0384b16f2b816d9.r2.dev/1000_F_365165797_VwQbNaD4yjWwQ6y1ENKh1xS0TXauOQvj.jpg"
  }'

Testing scenarios

By default all the receivers created in 'development' instances are automatically approved, however if you want them to be Rejected, you can can use 'Fail' as the first name or legal name for individuals and businesses respectively.

Bank Accounts

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