Torque Payments
Torque Payments is a comprehensive, multi-currency payment system that allows merchants to accept payments in any supported Torque currency while receiving settlements in their preferred currency. The system handles currency orchestration seamlessly, providing maximum flexibility for both payers and merchants through cross-chain capabilities and instant settlements.
Multi-Currency Support
Accept payments in any Torque currency (TUSD, TEUR, TGBP, TJPY, TAUD, TCAD, TCHF, TNZD, TXAU, TXAG) while receiving settlements in your preferred currency. The system automatically handles currency conversion with no additional fees, leveraging the Torque currency ecosystem for seamless cross-chain transfers.
Payment Types
Support for crypto-to-crypto payments, subscription payments, invoice payments, donations, buy now pay later (BNPL) with flexible installment plans, mass payments for bulk payouts to multiple recipients, and cross-chain payments with instant settlement across different blockchain networks.
Merchant Preferences
Merchants can set their preferred settlement currency, and the system automatically handles currency conversion. Whether you prefer TUSD, TEUR, or any other Torque currency, payments are processed instantly with your chosen settlement method including instant settlement, batch settlement, or escrow settlement for added security.
Buy Now, Pay Later
Flexible BNPL options with configurable down payments and installment schedules including weekly, bi-weekly, monthly, or custom intervals. The system includes automatic late fee calculation, default protection with configurable thresholds, and merchant control over BNPL support enabling or disabling the feature as needed.
Mass Payments
Send payments to up to 1,000 recipients simultaneously with efficient batch processing. Support for contractors, freelancers, sellers, claimants, and employees with multi-currency payouts and global reach through cross-chain support. Robust error handling and retry mechanisms ensure reliable delivery.
Donations & Creator Support
Comprehensive donation system supporting charities, content creators, and open source projects. Features include anonymous donations, custom messages, cause categorization, and cross-chain donations for international organizations. Perfect for charitable giving and creator support with full transparency and traceability.
Cross-Chain Capabilities
Seamless cross-chain payments using Torque currencies as Omnichain Fungible Tokens (OFTs). No liquidity pools required - payments work through mint/burn mechanisms ensuring guaranteed success, lower fees, and instant settlement. Support for all major blockchain networks with automatic currency validation.
Getting Started
Begin by setting up your merchant account and configuring your preferred settlement currency. Create payment requests specifying the amount, currency, and payment type. For merchants, enable the payment types you want to accept including BNPL and mass payments. The system handles all currency conversion and cross-chain transfers automatically.
Supported Currencies
Key Benefits
No Liquidity Required
Cross-chain payments work through mint/burn mechanisms, eliminating the need for liquidity pools and ensuring guaranteed success for all transfers.
Guaranteed Success
No failed transfers due to insufficient liquidity. Every payment is processed successfully through direct minting on the destination chain.
Lower Fees
Eliminate DEX swap fees for cross-chain payments. Direct mint/burn operations provide the most cost-effective transfer method.
Instant Settlement
Direct minting on destination chains provides immediate settlement. No waiting for block confirmations or liquidity availability.
Flexible Settlement
Merchants receive payments in their preferred currency regardless of what currency the customer pays with. Automatic conversion with no fees.
Global Reach
Support for international payments and donations across all major blockchain networks with seamless cross-chain capabilities.
Security & Reliability
Escrow options and robust error handling ensure secure transactions. Batch processing and retry mechanisms guarantee reliable delivery.
Scalability
Mass payments support up to 1,000 recipients simultaneously with efficient batch processing for enterprise-scale operations.