Disclaimer: This article contains AI translations and should only be used as reference. Contact Cobo’s support team through help@cobo.com if you have any questions.
- SaaS service providers
- Direct-to-consumer (DTC) websites
- Global payroll distribution
- Payment service providers (PSPs)
- Other business scenarios requiring cryptocurrency payments
Business workflow
The overall business workflow of the Cobo payments solution is as follows:
- Payment collection stage: Collect cryptocurrency from payers. You can choose different payment collection modes based on your business needs.
- Fund management stage: Cobo performs compliance screening on received funds to ensure transaction security and compliance. At the same time, Cobo automatically consolidates funds dispersed across different addresses through fund sweeping, making it easier for you to centrally manage funds and perform subsequent operations, such as cryptocurrency exchanges, cross-chain transfers, and purchasing financial products.
- Payout stage: You can convert cryptocurrency to fiat currency and transfer it to your bank account, or directly transfer cryptocurrency to external wallet addresses.
For a complete list of features and detailed descriptions provided by the Cobo payments solution, refer to Feature list.
Get started
You can refer to the following documentation to understand the detailed integration steps.Payment collection
If you are a merchant directly facing end users (such as e-commerce websites, SaaS service providers, etc.) and need to receive cryptocurrency payments from end users, please read the relevant documentation in the following order:- Preparation: Understand the preparatory work before integration, including account activation, inviting members, installing Apps, etc.
- Select a payment collection mode and learn how to collect payments. If you need to quickly build a payment page, refer to Integrate Checkout SDK to use the payment frontend components provided by Cobo.
- Payment collection in top-up mode: Payers can top up any amount at any time
- Payment collection in order mode: Create payment orders with a specified amount and validity period
- Payment collection in subscription mode: Automatic recurring fixed-amount deductions
- Payout, including off-ramp and crypto payouts
Collection-on-behalf-of
If you are a payment service provider (PSP), e-commerce platform, or other institution that needs to provide payment services for downstream merchants, in addition to understanding the regular payment collection, payout processes, and other processes, you also need to perform merchant management and fund settlement operations:- Merchant management: Understand the applicable scenarios, core advantages, and merchant creation and configuration processes of the merchant management function
- Funds allocation and balances: Understand the fund allocation rules between merchants and developers, balance calculation methods, and refund processing mechanisms
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