Closed-loop token payments for businesses
Pre-cleared payments, proven on a ledger.
Customers buy tokens by card and spend them at your checkout, and you are paid out in money. Every step posts to a double-entry ledger, and a checkpoint of that ledger is published.
Newest public checkpoint
No checkpoint published yet.
When the sandbox publishes its first checkpoint of the ledger, its date and commitment appear here. See the checkpoint verifier
What sits under every payment
- Double-entry Every movement is two matching lines in the ledger.
- Checkpointed A commitment to the whole ledger is published.
- Hosted page Card details are typed on our page, not on yours.
- Reconciled Balances are checked against the ledger every day.
Three ways in
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For businesses
Take payment in tokens your customers have already paid for.
- A payment page we host, or a button on your own site
- A portal for redemptions, pay-outs and disputes
- Paid out to your bank in money
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For developers
Build against the sandbox before you sign anything.
- A REST API with an OpenAPI contract
- Signed webhooks for every event
- Test cards for every outcome
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For customers
Buy tokens once and spend them where they are accepted.
- Buy by card on a page we host
- Spend only at approved businesses
- Ask for unspent tokens back
How the closed loop works
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The customer buys tokens
By card, on a payment page we host.
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The tokens are pre-cleared
The payment is checked before the tokens reach the customer, not after.
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They spend them at your checkout
Only at approved businesses. Tokens cannot be withdrawn to cash or sent to someone else.
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You are paid in money
Your balance matches the ledger to the cent, and it is paid out to your bank.
Every penny has a line in the ledger, and anyone can check the checkpoint.
Each checkpoint publishes a commitment to the ledger's hash chain, so a later change to any line would show.
Not a card gateway with a token bolted on.
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Pre-cleared, not post-checked
Tokens are paid for before they can be spent at your checkout.
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Card disputes land on us
A dispute about the card payment is ours to answer, not yours.
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One ledger, public proof
Every movement is in one ledger, and its checkpoint is published.
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Release funds in the currencies you trade in
Customers pay in: currencies to be confirmed.
Tokens are held in: currencies to be confirmed.
Merchants are paid out in: currencies to be confirmed.
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One reconciliation for every step
Purchases, redemptions and pay-outs land in the same ledger and the same report.
Built for money that has to be accounted for
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Hosted payment page
Card numbers never touch your site, which keeps it to the smallest card scope, SAQ A.
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Identity at purchase
We check who is buying tokens before they can buy them.
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An audit-ready ledger
Lines are only ever added, never changed, and each one is chained to the last.
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Disputes with evidence
Each dispute comes with the ledger lines and records behind it.