Merchant creates a USDT collection request (console or API) with amount, asset, and callback endpoints
iBitPay · USDT payments & settlement
A payment corridor between fiat and digital assets
Safer, clearer, easier to scale
Where local operations meet global collection and payout
Built for forex brokers, cross‑border merchants, and digital service providers: USDT collection, fiat proxy payouts, OTC matching, and APIs in one stack. Unified order timelines, automated reconciliation, and configurable risk policies help you operate across regions and currencies—with traceability from the first pilot trade to high‑volume settlement.
About the product
iBitPay standardizes how merchant demand meets OTC liquidity: create collection instructions in the console or via API, and the platform matches traders under your rules to complete settlement. We emphasize traceable processes, transparent pricing, and consistent API semantics so engineering teams can integrate quickly and align with finance.
Why iBitPay
Product thinking inspired by global payment platforms—local compliance and user experience first, with cross‑border capabilities you can repeat.
Multi‑rail orchestration
Combine USDT and fiat flows with routing and limits per merchant, region, or line of business—reducing single‑vendor dependency.
Settlement & reconciliation together
Matching and delivery states share one timeline; exports and webhooks align to finance definitions, cutting manual checks and glue code.
Configurable risk controls
Layer lists, velocity, limits, and anomaly signals with tiered actions; audit trails support internal reviews and external inquiries.
24/7 operations coverage
Monitoring and on‑call across key time zones; hands‑on support during onboarding and launch to shorten test‑to‑production cycles.
Trader (OTC) system
Multi‑channel liquidity access
Centralize quotes, limits, and settlement preferences; auto‑filter counterparties by currency, size, and time windows to reduce manual matching.
Tiered risk & limits
Stack rules across orders, accounts, and devices; suspicious flow can auto‑halt or route to manual review—balancing approval rates and safety.
Smart matching with graceful fallback
Prefer historically reliable counterparties; when liquidity is tight, queue or degrade per policy instead of silent failures.
Merchant services
Reliable merchant console
Live visibility into collections, refunds, and fee composition; advanced filters and exports for ERP/finance alignment.
APIs & webhooks
Idempotent calls, explicit error codes, and a sandbox for safe integration; subscriptions cover the full order lifecycle.
Multi‑language readiness
Switch languages and formats by region for both operators and customer‑facing pages.
Customer success
Checklisted support from integration review through canary launches and peak drills—keeping campaigns stable when it matters.
How the corridor works
Risk and routing engines validate rules, then match a qualified OTC trader
Payer completes fiat or USDT payment; statuses update in near real time
After delivery and settlement, webhooks and exports trigger—with optional second‑pass verification
Our advantages
Battle‑tested use cases
Templates from forex, trade finance, and more—faster cold starts for new programs.
Competitive, transparent pricing
Tiered quotes without hidden line items; volume‑based discussions and promos available.
Timelines you can see
Timestamped milestones make it easy to pinpoint issues and remediation paths.
Fiat payouts & split extensions
Where permitted: batch payouts, multi‑party splits, and other advanced flows.
Secure by design—not bolted on
In online payments, security is the baseline. Least‑privilege access, sensitive‑action confirmations, encrypted transport, and retained logs help you demonstrate a verifiable chain of trust. We encourage robust KYC/AML policies on the merchant side, aligned with channel rules; during integration we can help map fields and flows to reduce compliance friction.
Solutions
Traders / liquidity providers
Take matched flow within your risk appetite with clearer settlement cadence and reconciliation tooling; tune strategies as markets move.
Merchants & platforms
Use USDT as a hub to unify regional collection while simplifying bank and rail sprawl; scale capacity for peak events.
Developers & integrators
REST‑style endpoints, samples, and error references to embed into e‑commerce, SaaS, or custom cashiers quickly.
Supported assets & fiat
Expanding coverage of major digital assets and regional fiat—subject to commercial and compliance review.
BTC
ETH
USDT
CNY
THB
VND
USD
HKDFAQ
How do I open an iBitPay account?
Submit company information and expected volumes via Contact. We run a qualification review, confirm pricing, and provision a sandbox. Production keys activate after acceptance testing.
Which assets and fiat are supported?
Digital assets commonly include BTC, ETH, and USDT (on agreed networks). Fiat lanes often cover CNY, THB, VND, USD, HKD, and more. The live matrix depends on regulation and banking partners—refer to your agreement.
How do I integrate the API?
Create an app and keys in the console, then integrate against the sandbox host. Start with read APIs before enabling asynchronous notifications. Postman collections and samples are available; technical sessions can be booked.
How fast is settlement?
With normal chain confirmations and bank clearing, many orders progress in near real time. Large or first‑time trades may require extra review. Timestamps in the console help you reason about latency.
How is fund safety addressed?
Baseline controls include least privilege, audit trails for sensitive actions, encrypted transport, and key hygiene. Enable device/IP policies and rotate API keys regularly. If something looks wrong, revoke keys immediately and page on‑call support.
How are fees verified?
Pricing is usually tiered by volume or a fixed markup in contract. The console exposes fee lines and rollups for daily/weekly/monthly reconciliation. Disputes can be raised with order IDs and webhook logs.