Configuring Your Settlement Settings
Configuring Settlement Settings
Before implementing merchant payouts, you must configure how you want to receive settlement funds. Coinflow offers two options:
Option 1: Coinflow Balance (Recommended)
A hosted balance managed by Coinflow with multiple funding options.
Advantages:
- No wallet management required
- No network fees
- Simple API integration
- Multiple funding methods (starting with bank wire)
How to Configure:
- Log into your merchant dashboard
- Navigate to Settings > Withdrawals
- Select “Coinflow Balance” as your settlement method
- Contact Coinflow to receive your funding instructions
Funding Your Balance:
- Wire Transfer: Request wire instructions from Coinflow
Advanced: Implementation Details
The Coinflow Balance is a Solana-based wallet. Stellar and EVM chains are not supported for this settlement option. To pay out from a Stellar or EVM wallet, use Option 2: Bring Your Own Wallet.
Additional Funding:
- USDC on Solana: Send USDC to your provided wallet address
See full implementation guide →
Advanced: Crypto-Native Merchants — Bring Your Own Wallet
Option 2: Bring Your Own Wallet (BYO)
Use your own USDC-compatible wallet as the source of funds:
Advantages:
- Full control over your wallet
- Direct blockchain access
- Can use existing wallet infrastructure
Requirements:
- Must maintain USDC balance
- Must pay gas fees
- Must manage wallet security
How to Configure:
- Log into your merchant dashboard
- Navigate to Settings > Withdrawals
- Select “Bring Your Own Wallet”
- Provide your wallet address
Supported Chains:
- Solana
- Ethereum
- Base
- Polygon
- Arbitrum
- Stellar