Consumers

"Identities" are now "Customers"

We used to refer to the representation of your customer in the Weavr system as an identity. We now just call them a customer. The two mean the same thing — you may still see identity in some API fields and older pages.

A consumer represents an individual person — a single natural human being who holds and uses financial services in their own name. The consumer is themselves the root userRoot user The individual who creates the identity. For corporate identities, the root user needs to be a legal representative of the corporate such as a director or a representative who has the power of attorney over the company. For consumer identities, the root user is the owner of the identity. Every identity must always have one root user. of the customer: they sign up, authenticate, and authorize every action on the account. Use a consumer when your product is aimed at individuals, for example a personal spending card, a savings app, or peer-to-peer payments.

Before a consumer can use any service, they need to be registered, their root userRoot user The individual who creates the identity. For corporate identities, the root user needs to be a legal representative of the corporate such as a director or a representative who has the power of attorney over the company. For consumer identities, the root user is the owner of the identity. Every identity must always have one root user. set up, and their identity verified through Know Your Customer (KYCKYC Know Your Customer - the identity verification process for consumer identities. This process allows you to seamlessly and securely verify your user's identity. Weavr will ask users to submit the necessary information and documentation so that they can get approved by financial providers.) checks.

Onboard a consumer

1. Create a consumer - register the consumer and their root userRoot user The individual who creates the identity. For corporate identities, the root user needs to be a legal representative of the corporate such as a director or a representative who has the power of attorney over the company. For consumer identities, the root user is the owner of the identity. Every identity must always have one root user. with POST /consumers.
2. Set up the root user - set their password, verify their email, and enroll an authentication factor.
3. Complete KYC - submit due diligence information and documents through our KYCKYC Know Your Customer - the identity verification process for consumer identities. This process allows you to seamlessly and securely verify your user's identity. Weavr will ask users to submit the necessary information and documentation so that they can get approved by financial providers. component.

Once KYCKYC Know Your Customer - the identity verification process for consumer identities. This process allows you to seamlessly and securely verify your user's identity. Weavr will ask users to submit the necessary information and documentation so that they can get approved by financial providers. is approved, the consumer can hold financial instrumentsInstrument A financial product owned by an Identity. There are two types: Managed Accounts (stored-value accounts that hold balances and can receive wire transfers) and Managed Cards (prepaid cards - virtual or physical - used for purchases). and transact.

Optional next steps

• Invite additional users to act on the consumer's behalf with specific roles.
• Configure your app's base URL so email verification links resolve back into your app.
• Subscribe to webhook events to receive asynchronous updates on the consumer's KYCKYC Know Your Customer - the identity verification process for consumer identities. This process allows you to seamlessly and securely verify your user's identity. Weavr will ask users to submit the necessary information and documentation so that they can get approved by financial providers. status.