New service | **Last updated**: 14 May 2025

Important
This documentation is for preview purposes only.

# Get started

## Create and maintain parties

Use our **Parties API** to create individual parties for each one of your sellers, payers and/or beneficiaries, and to manage incoming and outgoing funds to them.

### Capabilities

![tick](/assets/check-green.5380696a3edf2560a9dfe5b5950684df132f75ed1806f53e162cd51b03cf0073.92a19ef5.svg) Onboard parties using our [orchestrated single API request](/products/parties/create-party#orchestrated-party-creation), or [add components through individual API calls](/products/parties/create-party#modular-party-creation)
![tick](/assets/check-green.5380696a3edf2560a9dfe5b5950684df132f75ed1806f53e162cd51b03cf0073.92a19ef5.svg) Store party account details using our [`payoutInstrument`](/products/parties/payout-instruments#add-payout-instrument) for ease of payouts
![tick](/assets/check-green.5380696a3edf2560a9dfe5b5950684df132f75ed1806f53e162cd51b03cf0073.92a19ef5.svg) [Create multiple currency accounts](/products/parties/balance-accounts#create-a-balance-account) for your parties to hold funds
![tick](/assets/check-green.5380696a3edf2560a9dfe5b5950684df132f75ed1806f53e162cd51b03cf0073.92a19ef5.svg) [Verify the identity of your parties](/products/parties/verify-parties#verify-parties), whether they are an individual, company or a business owner
![tick](/assets/check-green.5380696a3edf2560a9dfe5b5950684df132f75ed1806f53e162cd51b03cf0073.92a19ef5.svg) [Maintain control over active and inactive seller accounts](/products/parties/balance-accounts#view-a-balance-account)

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#### What is a party?

A party represents the overall record of your beneficiary (sellers, vendors, providers etc.). You can use this record to store information to perform an identity verification check, a split payment and a payout.

You can create a `party` for a:

* **person**
* **sole trader** or
* **company**


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**Ready to integrate?**
Make yourself familiar with our [API principles](/products/reference/api-principles) to ensure a resilient integration and set your headers using our [API reference](/products/parties/openapi).

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**Next steps**

[Create a party](/products/parties/create-party)