Quick Start Guide

Quick Start Guide

Introduction

Swiftramp offers your business the ability to onramp and offramp with ease. Whether it’s purchasing an NFT, gaming, cross-border payments, or an exchange, Swiftramp can help your users get into the world of crypto.

Before Starting

  1. Register as a merchant. Get started here
  2. Set up authentication. To start interacting with the APIs and SDK provided by Swiftramp, a merchant must set up the authentication token. Read more here
  3. Register your users. (i.e., the merchant’s users) with Swiftramp. Read more here

Offramp

Swiftramps’ offramp stack is simple. Two scenarios can appear:

  1. The merchant transfers crypto to a Swiftramp wallet: The merchant transfers crypto to a Swiftramp wallet. This involves a network call and gas fees, which will be incurred by the merchant.
  2. The merchant has a Swiftramp Pool wallet: The merchant can initiate the transfer of crypto to the user’s Swiftramp wallet (each registered user of the merchant gets assigned a Swiftramp wallet) from their Swiftramp Pool wallet (can be created on request). As this is an internal transfer, there will be no gas fee.

Once Swiftramp receives the crypto, the merchant can initiate an offramp transaction.

Get started with offramp here

KYC

Swiftramp Money also offers KYC services to keep your users in line with local jurisdictions and compliance requirements. There are two KYC offerings:

  1. KYC through Swiftramp Money SDK: The merchant can opt for KYC through our SDK. We work with industry-standard partners who allow users to complete KYC based on local compliance requirements.
  2. KYC Sharing: If the merchant has already completed KYC for their users, the same can be shared in the form of an encrypted token to ensure a seamless user experience by avoiding multiple KYC steps. This can be done in two ways: i. Through KYC Sharing APIs: The user’s KYC details can be shared through Swiftramp Money APIs in encrypted form.
    ii. Through Tri-party Agreement: If working with supported partners, a tri-party agreement can be set in place between Swiftramp Money, the merchant, and the KYC provider to ensure a seamless flow of KYC information.
Merchant User FlowOverview and Architecture