Added
New User LegalPersonType: Partnership
Verifying some specific legal structures is now more efficient thanks to a new legal entity type: PARTNERSHIP. The Legal UserLegalPersonType
parameter now includes the “PARTNERSHIP” value. The following endpoints have been updated accordingly:-Create a Legal User (Payer)
-Create a Legal User (Owner)
-Update a Legal User
-View a Legal User Please note that changing the LegalPersonType to “PARTNERSHIP” for an existing user will automatically result in:
-A KYC downgrade to Light (default) verification
-The
REGISTRATION_PROOF
document being flagged as OUT_OF_DATE
With this new LegalPersonType
, Mangopay teams can better handle specific legal structures and speed up the validation process.
NoteThe structures concerned by the PARTNERSHIP type usually involve a partnership of distinct sole proprietors and don’t always have some of the elements required for the BUSINESS type, such as a company number.
Examples of these structures include theGesellschaft bürgerlichen Rechts (GbR) in Germany and theVennootschap onder firma (VOF) in the Netherlands.
Examples of these structures include theGesellschaft bürgerlichen Rechts (GbR) in Germany and theVennootschap onder firma (VOF) in the Netherlands.