Payout verification

Lightweight individual verification at withdrawal — BAGS Agent does not require business KYB for live x402.

BAGS Agent separates accepting payments from withdrawing funds.

Signup → live immediately. No business KYB form, no review queue for x402 and agentic links.
First payout → verify. Name, country, payout wallet, and a sanctions/OFAC screen.

This is progressive onboarding: friction lands when real money is waiting to leave the treasury.

What is required

When	Requirement
Create account / live x402	Email + accept agentic terms
Create live API keys	Agentic account (no business KYB)
First USDC payout	Individual payout verification

Payout verification fields

Full name
Country (ISO 3166-1 alpha-2)
Payout wallet address and network

Statuses: unverified → pending_review or verified (or failed).

Until verified, live payouts are blocked. Incoming payments keep working, including past the soft accumulation cap.

API details: Agentic onboarding.

Soft cap

Default pre-verification soft cap is $1,000 USD gross collections. Crossing it shows a dashboard banner and may send a nudge email — it does not stop payments.

What this is not

This is not a business KYB packet (incorporation docs, beneficial ownership, etc.). Agentic accounts use the individual payout check above.

Agentic onboarding

Full signup and verification APIs.

Payouts

Withdraw USDC after verification.