Available Payment Options

There are three distinct types of payment methods available through BVNK's rails. These options can be used separately, or can be used in conjunction to satisfy your payments requirements. They are namely:

1. Payment Links
2. Channels
3. FIAT Payouts

Payment Links

Payment Links are the method for crypto processing individual payments. Using Payment Links you can both accept crypto pay-ins and send crypto pay-outs.

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Payment links are tools that allow end-users to send variable amounts to an EPM at different times automatically using APIs. This provides the end-user with a quote that once accepted will lock in a rate for a given time 'expiry'. Payment links can be used for both crypto Payins and Payouts.

Channels

Channels are the method for accepting crypto payments at any point to the same address generated from the first request.

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Channels are permanent, never-expiring cryptocurrency wallet addresses that individual EPM customers can deposit crypto to. They allow customers to top up their accounts with any amount of cryptocurrency, and are linked to the end user through the channel reference. You can share the Channel links with your customers, allowing them to top up their balances at any point without needing to request new payment links each time.

FIAT Payouts

Fiat Payouts are the method used to sent out EUR or GBP payments from your BVNK account to respective beneficiary accounts.

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FIAT payouts are payouts sent to beneficiary or customer bank accounts from the respective currency wallet that exists on the BVNK account. EPMs can settle their accounts in EUR or GBP depending on the existing type of IBAN they have on their BVNK account.