Moov accounts
Using Moov.js, account data is passed directly from your end user to Moov, saving you from the compliance burdens. View the pages in this section for more information.
Account
Accounts represent a legal entity (either a business or an individual) in Moov. You can create an account for yourself or set up accounts for others. You can retrieve an account to get details on the business or individual account holder, such as an email address or employer identification number (EIN). You can also look at the account object to see what capabilities that account has.
Representatives
Create representative
Moov accounts associated with businesses require information regarding individuals who represent the business. You can provide this information by creating a representative.
Capabilities
Capabilities determine what a Moov account can do. Each capability has specific information requirements, depending on risk and compliance standards associated with different account activities. For example, there are more information requirements for a business that wants to charge other accounts than for an individual who simply wants to receive funds. When you request a capability, we list the information requirements for that capability. Once you submit the required information, we need to verify the data. Because of this, a requested capability may not immediately become active.
Files
Files can be used for a multitude of different use cases including but not limited to, individual identity verification and business underwriting. You may need to provide documentation to enable capabilities or to keep capabilities enabled for an account. The maximum file size is 20 MB. Each account is allowed a maximum of 50 files. Acceptable file types include CSV, JPG, PDF, and PNG.
Underwriting
Underwriting is a tool Moov uses to understand a business’s profile before allowing them to collect funds on our platform. Through underwriting, you can retrieve or update information about the business's transaction volume.