Glossary

Auto-settlement

A recipient preference that sends an incoming wallet payment to an available local settlement method automatically. Availability depends on the recipient's location and account.

Corridor

A supported payment route, typically defined by the destination country and its available delivery methods.

Fiatsend Console

The business workspace at console.fiatsend.com for organizations using Fiatsend.

Fiatsend wallet

The recipient balance and activity experience in the Fiatsend app. Payouts sent through Fiatsend arrive here before a recipient manages or settles them.

Payout

A payment initiated by a business to a recipient through Fiatsend.

Recipient

The individual who receives a Fiatsend payout in their wallet.

Settlement

Moving funds from a Fiatsend wallet through an available local delivery option. Methods, availability, and timing vary by corridor.

Verification

Account or identity checks required for a product feature, payment amount, corridor, or risk profile.

Webhook

An automated event notification delivered to a business system. Technical details belong in the Developer Documentation.