New tier for business customer submission

Release date

September 12th, 2025

Release Type:

Informational, no action required from platforms

Summary

zeroHash now allows approved Platforms to onboard business customers with reduced API field requirements, requiring fewer data points and less information than traditional full KYB onboarding.

NOTE: These entities are considered non-customers of zerohash, do not hold accounts with us or take ownership of the funds at any point in the flow. However, zerohash still needs basic information in order to carry out our own diligence requirements.

Your Platform must be approved by our Legal and Compliance department before using this new feature. Get in touch with your zerohash rep to begin this process, if interested.

Example POST /participants/entity/new request with reduced API field requirements:

{
    "platform_code": "PLAT01",
    "legal_name": "Freelancer Platform XYZ Inc.",
    "contact_number": "15553765432",
    "address_one": "1 Main St.",
    "address_two": "Suite 1000",
    "city": "Chicago",
    "postal_code": "12345",
    "jurisdiction_code": "US-IL",
    "tax_id": "883987654",
    "id_issuing_authority": "United States",
    "sanction_screening": "pass",
    "sanction_screening_timestamp":1677252628000,
    "signed_agreements": [
  {
    "type": "crypto_payouts_service_terms",
    "region": "us",
    "signed_timestamp": 1603378501286
  }
]  
}