Overview

By default, your Entity is a Merchant in our system. You can optionally create more Merchants in Loop. To do this, call the create merchant endpoint, providing a merchantName and an optionalmerchantRefId. Loop will identify the Merchant in our system with the merchantId provided in the response. Please note, the merchantRefId is not the same as the merchantId.

You can find the merchantId in the future by calling our GET List merchants endpoint and pass in the merchantRefId as a search parameter to return the merchantId.

Payment types

You can optionally define thetokens and networks that an end User can pay a given Merchant. This list must be a subset of the tokens and networks defined at the Entity level. Just like with the Create Entity endpoint, you can pass in the tokenSymbols (e.g USDC and USDT).

If they paymentType is left blank, it will inherent the settings defined at the Entity level.

The Pay component uses each Merchant's accepted payment types to dynamically display payment options to the User.

Payout destination

By default, the payoutDestinations will inherit the setting defined at the Entity level. This is done only when the field is left blank.

You can optionally define the payoutDestinations where funds are sent for each Merchant by passing in these parameters.