Lite account
Last updated: December 24, 2025
A Lite account is for regulated platforms that are licensed to participate in the flow of funds. As a regulated platform, you are responsible for conducting due diligence checks and monitoring the transactions of the sub-entities you onboard.
During onboarding, Checkout.com only conducts card scheme screening (CSS) checks on your sub-entities, and if successful, their payment capabilities are enabled.
All funds are settled to your platform as per the frequency agreed during onboarding. You are responsible for managing payouts to your sub-entities.
- All funds are routed to your platform's currency account.
- Any applicable fees are charged to your platform's currency account.
- Funds from sub-entity payments are routed and held as per the currency preferences you specified during onboarding.
All funds are settled to your platform’s designated bank account(s) as per the settlement frequency agreed during onboarding.
You are responsible for:
- Distributing funds to your sub-entities
- Collecting fees for your platform from your sub-entities