Question:
Does the provider accept transactions where the payer or beneficiary is different from the account holder (i.e., supports third-party transactions rather than first-party only)? Also: is there a different fee structure for third-party transactions compared to first-party? (e.g., additional bps, compliance surcharge)
Practical example: our client Eric wants to send 5,000 USD to his friend Marcos's bank account. Eric and Marcos are different people, with different identification documents. Can we do this with a single operator account, or does Marcos need his own account with the provider?
Answer:
Yes — we support both first-party (1P) and third-party (3P) pay-ins and payouts for business customers. The only structural rule: the entity that instructs a payment must be KYB'd and hold a named virtual account (VA). Beneficiaries never need an account with us — an onboarded payer can pay out to any third-party bank account (business or individual).
No separate 3P fee tier — pricing is per rail and volume, not per party type.
On the Eric→Marcos example: our US stack is business-first today. Individual accounts (US persons, SSN-based) are targeted for late Q3. For Avenia's core B2B/B2B2C flows this is not a constraint — the payer is an onboarded entity and Marcos is simply a beneficiary.
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