Qolo Platform Structure

The diagram below summarizes the Qolo platform structure and the relation between its various components.

The Qolo platform structure allows for flexible implementation of your unique program.

Qolo Platform Components

Person: A person on the Qolo Platform can be an individual or a company. Qolo platform sets up all end users, cardholders, clients, program partners and any third-party service providers as a 'Person' on the platform. API reference

Outside Instrument: Outside Instruments are used to identify external bank account or debit/credit cards. Registered Persons on Qolo platform can move funds in either direction between their Qolo account and registered Outside Instruments, based on their program configuration. API reference

Wallet: A wallet, assigned to a person, holds various Qolo accounts and cards corresponding to the person. A person may have one or multiple wallets on the platform. API reference

Qolo Account: An account is a currency account issued and maintained at Qolo. Accounts are encapsulated in a person's wallet. API reference

Qolo Issued DDA: A Qolo Account may have one or multiple DDAs associated with it. Users can add funds to their Qolo Accounts by sending funds to these associated DDAs.

Qolo Card: A card is a payment device that enables a user to conduct transactions at merchants, either online or offline. Qolo Cards are assigned to a person's wallet and access funds from Qolo Accounts in the same wallet. API reference