General information

This section explains how to create CentralPay accounts, whether payment accounts or e-money accounts, as well as the methods available for initiating user onboarding through our tools (portal or API), depending on the partnership model.

1. Types of accounts

CentralPay allows users to open two types of regulated accounts:

Account type	Description	Samples of use
Payment account	Payment account as defined in article L314-1 of the Monetary and Financial Code.	Payment by credit card, bank transfer, or SEPA.
E-money account	A prepaid account in euros issued by CentralPay, in accordance with the regulations governing electronic money institutions.	Wallets, marketplaces C2C, cashback, titles.

The assignment of an account type depends on the merchant’s business model and whether the account is managed by an agent (DME or Agent).

2. General enrollment process

Opening an account always involves a registration process that includes:

1. Creating an enrollment request: starting a file containing basic information (email, last name, first name)
2. Completion of the registration process: submission by the user of required information and supporting documents (KYC/KYB)
3. Enrollment validation: review by CentralPay, which may result in account opening, a request for additional information, or a rejection

3. Two possible interfaces

Interface	Description	Target audience
CentralPay enrollment portal	Interface hosted by CentralPay, accessible via a personalized link.	All types of users
Enrollment API	A technical interface that allows an intermediary to initiate or complete enrollments via API.	Authorized intermediary by status

4. Compliance and regulation

In order to comply with the regulatory framework applicable to Payment Service Providers (PSP), the division of roles is strictly regulated:

• CentralPay is the only party that initiates the contract process with the user
• The technical partner may not encourage, advise, or initiate the opening of an account
• The technical partner does not participate in the collection of supporting documents
• Only partners registered as MOBSPs, or Agent or EMD representatives, may participate in the expanded enrollment steps

Partner model	Can initiate an enrollment request	Can complete an enrollment (API)	Can submit KYC documentation
Technical Partner	Yes*	❌ No	❌ No
EMD Intermediary	Yes, via API or portal	✅ Yes	✅ Yes
PSP Intermediary	Yes, via API or portal	✅ Yes	✅ Yes (Level 1 KYC or higher if mandate)

ℹ️ The technical partner can create an enrollment request containing only contact information (email, last name, first name, company name), without sending an enrollment link themselves. CentralPay retains sole discretion over the rest of the process.