Swipe Aras operates on the Adyen Balance Platform — Adyen’s infrastructure for payment facilitators and platforms. Understanding how this works helps clarify why certain account behaviors exist.
The Relationship
Adyen Balance Platform
└── Swipe Aras (Platform Partner)
└── You (Account Holder / Merchant)
└── Your Store(s) (Balance Accounts)Adyen is the licensed financial institution and payment processor
Swipe Aras is Adyen’s platform partner — we manage the infrastructure, compliance, and your onboarding
You are the merchant Account Holder on Adyen’s Balance Platform (via Swipe Aras)
Your stores each have an Adyen Balance Account where funds are held
You never interact with Adyen directly. Swipe Aras manages the Adyen relationship on your behalf.
Key Adyen Objects and How They Map to Swipe Aras
Adyen Object | Swipe Aras Equivalent | Notes |
|---|---|---|
Legal Entity | Your business identity | Holds your KYC documents and bank account (Transfer Instrument) |
Business Line | Your industry/category | Required for capability verification |
Account Holder | Your Swipe Aras merchant account | Container for capabilities and identity |
Balance Account | Your store’s fund holding account | One per store; has a defaultCurrency set at creation (immutable) |
Transfer Instrument | Your verified bank account | One per legal entity; shared across all stores |
The Two Swipe Aras Merchant Accounts on Adyen
Swipe Aras operates two Adyen merchant accounts that process payments:
Merchant Account | Use Case |
|---|---|
SwipearasECOM | Card-not-present (online) transactions |
SwipeArasCOM | Card-present (in-person terminal) transactions |
Your transactions are routed to the appropriate merchant account automatically based on the payment type. You don’t configure this directly.
Why Some Things Can’t Change After Account Creation
Because Swipe Aras operates on Adyen’s Balance Platform, some configuration decisions made at onboarding are permanent:
Balance account default currency is set at creation and cannot be changed
MCC (Merchant Category Code) is set at the account holder level and applies to all stores
Transfer Instrument (bank account) can be changed, but requires a new hosted onboarding session
For multi-currency configuration options, see Multi-Currency Architecture on Adyen Balance Platform.