Customer Profile(CP) vs Customer Profile+(CP+)
Depending on the nature of your business, facilitating these first party transfers require the setting up of either Customer Profile (CP) or Customer Profile+ (CP+) accounts for your users. Here is a breakdown of what CP and CP+ are:
| CP | CP+ |
|---|---|
| Offer named collections and payouts | Offer named collections and payouts |
| Require basic info which does not go through KYC/KYB verification | Require extensive info which needs to be fully KYC/KYB-ed |
| Transaction limit imposed for each customer profile | |
| Additional compliance requirements on transaction notifications | |
| Transactions under the CP+ model are currently in USD only |
Updated 14 days ago
What’s Next
Learn about first party transfer's flow in detail.