How to create a business?

Let's create a business in a few easy steps.

Enter the Dashboard and click on the 'Create business' button on the side menu. Follow the onscreen process and in the end you'll have a new business in the organsiation. The process consists of several steps, now let's take a closer look at each of them.

1. Select business name

To begin with, you'll need to name your business.

2. Choose display currencies

Regarding your checkout deposit process, your users would prefer for their own convenience to enter the deposit amount in their local currency. We currently support 30+ fiat currencies and we are taking the most recent exchange rates from the ECB(European Central Bank). This way we calculate the most up-to-date exchange rate for Fiat vs. Crypto. For instance, if your user wants to deposit 1000 Thai baht we will make sure to provide an accurate Bitcoin amount in order to receive 1000 Thai baht in your platform.

3. Choose deposit currencies (cryptocurrencies) and networks

Currently supported are 9 cryptocurrencies. You can either select a few that you are happy to work with or just select them all. For currencies that have multiple networks e.g. Ethereum, USDC you can also enable or disable individual networks, so that deposits are made only on your preferred ones. At the end this is not that important as we exchange every cryptocurrency to EUR or stablecoin, which brings us to the next step.

4. Crypto deposit settlement currency

This will be the currency to which all crypto deposits are converted. Each business has the ability to decide to hold funds in either one of the available crypto or fiat settlement currencies.

5. Callback notification endpoints

Here you can set 3 different callback endpoints, if you like to segregate them. Please refer to our API documentation to learn more about Callbacks and how to use them properly.

If you are feeling you are missing something. Feel free to reach out at [email protected]

6. Overpayments and follow-up transactions handling

At this page you can choose how to handle overpaid amounts and follow-up transactions for one-time payment links. By default overpaid amounts are processed unless you have specific business/regulatory requirements you need to meet. Here's a more in-depth guide for overpayments and follow-up transactions.

1. Blockchain fee configuration

Here you can configure the behavior for the business when it comes to the blockchain fees associated with any crypto withdrawal. You can find out more about this feature here.

1. Processing fee distribution

When enabled for your organisation, this option allows you to offset a part of the deposit processing fee to the end user. To find out in details how you can make use of this, reach out to us at [email protected] and will support you further.