Payments · USDC
Card payments, settled as USDC.
Keep taking cards through a processor you control. The payout goes to an account our fiat-to-crypto partner opens in your name, and arrives in your wallet as USDC.
- Your processor, your wallet
- Partner runs its own checks
- Cortana never holds funds
Example amounts. Fees are set by your processor and the partner.
The path
Four stops. One of them is yours.
The money moves between parties you have agreements with. Each of them runs its own checks.
A customer pays by card
Through a processor account you already control, in your company's name.
- Card payment
Your processor
Settles on its normal schedule, to the payout account you set: a partner account in your name.
Runs its own KYB
- Fiat payout
Our fiat-to-crypto partner
Receives the payout, converts it to USDC at its published rate and fee, and sends it on.
Runs its own KYC and KYB
- USDC
Your wallet
An address you control, on a network the partner supports. Yours from the moment it lands.
What you get
Set up once, checked before it runs.
Partner onboarding
We prepare the partner's business checks with you, so the file is complete the first time.
A payout account in your name
The partner issues deposit details for your company. You set them as the processor's payout destination, if the processor allows it.
Wallet check
We confirm the address and the network match what the partner sends on, before any money moves.
A small test payout first
One small payout end to end, checked in your wallet, before real volume follows.
Works beside Cortana
If the processor is connected to Cortana, payments route as usual. Cortana never touches the payout.
One place to ask
Questions about a payout go to one inbox. We chase the processor or the partner with you.
Who it's for
For businesses that already take cards.
A good fit
- Merchants who pay suppliers, teams or contractors in stablecoins
- Businesses that want part of their treasury in USDC
- Companies whose cross-border bank transfers are slow
- Anyone with a processor account they control, in the company's name
Not a fit
- Businesses without their own processor account; start with Hong Kong payments or accounts
- Anyone hoping to avoid the partner's checks
- Anyone expecting a set rate or speed in advance
How it works
From fit check to first payout.
Fit check
Your processor, your volumes, where the company is, and the wallet you use.
Partner onboarding
The partner runs its KYC and KYB on the company and its owners.
Partner decides
Payout details
The partner issues an account in your company's name.
Processor updated
You change the payout destination. The processor may verify it first.
Processor decides
Test payout
A small payout runs end to end and lands in your wallet.
Running
Each payout converts and settles on the same path.
What you'll need
For the partner's checks.
- Company documents: registration, ownership and directors
- Passport and proof of address for directors and owners
- Recent statements from your processor
- A short description of the business and where the money comes from
- A wallet address you control, and its network
The partner can ask for more. Its checks and decisions are its own.
Things to know
Plainly, before you start.
- USDC is not a bank deposit
- It is a stablecoin issued by Circle and designed to track the US dollar. It is not insured like a bank deposit.
- Fees are visible
- The partner's conversion fee and any network fee are set by the partner and shown to you before you start.
- Transfers are final
- A transfer to the wrong address or network cannot be pulled back. We check the wallet before the first payout.
- Tax and accounting
- How stablecoins are taxed and booked depends on where your company is. Ask your accountant.
What it costs
Our fee, and theirs, in writing.
Quoted by email.
Our setup fee is quoted after the fit check. The partner's conversion fee and network fees are the partner's, shown before you start.
What moves the fee
- Your processor and where your company is
- How much onboarding help the file needs
- Whether a test payout needs more than one run
- The partner's own fees, set by the partner
Does Cortana hold or convert my money?
No. Your processor pays out, the partner converts, and the USDC goes to your wallet. Cortana introduces you and helps set it up. It is never in the flow of funds.
Which processors work with this?
One that will pay out to the account details the partner issues. Some processors only pay out to a bank account in the company's name, or in certain countries. We check your processor's rules before you start.
Which networks and wallets are supported?
The partner supports a set list of networks. Your wallet must be one you control on one of them. Sending to the wrong network or address cannot be reversed, which is why we check before the first payout.
How fast is it?
Your processor's payout schedule still applies. After the payout arrives, the conversion and the transfer are usually quick, but the partner's own processing times and checks apply.
Can I keep part of the payout in dollars?
That depends on the options the partner offers your company. Ask in your email and we'll tell you what's available.
Can I stop or switch back?
Yes. Point your processor's payout back to your bank account. The processor's own rules for changing payout details apply.
Related
Often asked for together.
- Crypto Visa cardsSpend crypto with a card issued by our partner. High limits set by the issuer.See the service
- Hong Kong payment processingCard processing through a Hong Kong company and a payment provider account in its name, prepared with you.See the service
- Bank and payment accountsBusiness bank and payment-account applications, prepared with you once the company exists.See the service
Settle in USDC.
Tell us which processor you use, where your company is, and roughly how much you settle each month.
Talk to us: [email protected]
The fee and the current timing come in the reply. Institutions run their own checks and decide.