Product Overview

Introduction

Paybis Send is an API-based solution designed to streamline cryptocurrency payouts for Partner's platform users (Merchants). By integrating Paybis Send, Merchants can send crypto payouts to their end-users (Users) directly from Partner platform.

Key Features

  • Seamless Integration: Easily integrate Paybis Send into the existing platform.
  • Improve User Experience: Provide a convenient way for your Merchants to send crypto payouts to their Users.
  • Increased Revenue: Generate additional income by charging fees for crypto transactions.
  • Prefunded Balance: All payouts are made from a predefined partner balance in USDT, ensuring efficient and transparent fund management.

How It Works

  • Verify Wallet Address: Use the Crypto Address Screening API to ensure the recipient's wallet address is valid and secure.
  • Get a Quote: Utilize the Quote API to calculate the exact amount of cryptocurrency to be sent based on the desired fiat amount.
  • Initiate Payout: Send a payout request to Paybis via the Execute API.
  • Payout Processing: Paybis handles the cryptocurrency payout, sending it to the specified wallet address from your predefined partner balance.
  • Notification: Paybis sends a Transaction Data Webhook to notify you of the payout status.

Sandbox Testing

Paybis provides a sandbox environment for testing integration before going live. The sandbox environment uses testnet blockchain networks and comes with a default pre-funded balance of 10,000 USDT.

We recommend using the following testnet assets for your testing:

  • USDT-TRC20 (recommended)
  • USDT-ERC20
  • BTC (avoid payouts due to difficulty obtaining testnet coins)

To simulate real-world scenarios, use small transaction amounts (e.g., 10 USD) and limit the number of test transactions to avoid depleting the sandbox balance.

Prefunded Balance Monitoring and Top-Up

As a partner, you are responsible for monitoring your pre-funded balance and ensuring sufficient funds are available to cover payouts. You can check your balance using the Paybis Send API and top it up by transferring fiat currency to the designated Paybis bank account.

Technical Support

If you have any questions or encounter issues during integration, please contact your account manager for assistance with the Paybis Send API, signing requests, webhooks, sandbox setup, and pre-funded balance inquiries.

By following this comprehensive guide and utilizing the available resources, you can successfully integrate Paybis Send into your platform.