No, you do not need to choose between being a Payer and a Vendor; you have the flexibility to assume both roles simultaneously. This flexibility allows you to engage in various financial transactions and interactions as your needs require.
For instance, you can act as a Vendor, receiving payments from other Payers or entities within our platform. Conversely, you can function as a Payer when you need to make payments to other Vendors or entities within our platform, allowing you to participate in both sides of the financial transaction process. (Pay To Feature: How to Easily Make Your Payments step-by-step)
Regardless of your role, completing the KYB process is essential. It enables you to make payouts from your CargoWALLET to your external bank account."
If you need further assistance, please don't hesitate to contact our support team.
We hope you find this article useful!