# Payors

Payors represent entities that are making payments to a Customer's Payment Account.

When creating a new payor, you have to provide a unique ID and optionally other details, such as name, email address, phone number. No KYC is performed on the payor.

Depending on the configuration settings of the payment account, a payor can be assigned a static deposit address of dynamic deposit address.

To create a payor, use the [`customers/{customer_id}/payor` endpoint](/api-docs/openapi/rail-spec#operation/onboardPayor). The following fields are required when creating a payor:

- `id` - Unique ID to be associated to this payor. Payor IDs must be unique per customer. The Payor ID follow the External Identifier pattern.
- `first_name` - First name of the payor. Required if payor is an individual.
- `last_name` - Last name of the payor. Required if payor is an individual.
- `company_name` - Company name of the payor. Required if payor is a corporation.
- `country_code` - Country code of payor. 2 Digit ISO31661-Alpha2 Format - [https://en.wikipedia.org/wiki/ISO_3166-1_alpha-2](https://en.wikipedia.org/wiki/ISO_3166-1_alpha-2)