# What's new in v1

The v1 API introduces **account-based routing**, which allows you to create and manage payment accounts for your beneficiaries. Accounts serve as the central routing point for collections, channels, and settlements, replacing direct partner-to-partner routing.

## Key changes from v0

- **Accounts**: A new resource that represents a payment account for a beneficiary. Collections and channels are now created against an account rather than directly between partners. See [Accounts](/pt-br/products/collections/concepts/accounts).
- **Account-based collections and channels**: When creating a collection or channel, you specify an `account_id` to route payments through the beneficiary's account.
- **Account-based settlements**: Settlements are now tied to accounts, providing clearer fund flow tracking.
- **Webhooks for account events**: New event types (`ACCOUNT_CREATED`, `ACCOUNT_STATUS_CHANGED`, `ACCOUNT_BALANCE_UPDATED`) allow you to track account lifecycle changes in real time. See [Webhooks](/pt-br/products/collections/concepts/webhooks).


## Moving from v0

v0 remains available and is selectable from the version dropdown. The main structural difference to plan for is that v0 routes payments directly between partners, while v1 requires an account to route through — so an integration built against v0 introduces accounts as a new step rather than renaming an existing one.