Built in traditional finance connectivity is available exclusively to Grid
Enterprise customers. Contact our team at grid@sqds.io
for access.
Payment Intents
Payment intents enable secure traditional finance transfers through an authorization-based architecture:Supported Payment Rails
- ACH: Standard, push, and same-day US bank transfers
- Wire: Direct bank transfers with immediate settlement
- SEPA: European bank transfers (regular and instant)
- SWIFT: International wire transfers
How It Works
- Create a payment intent specifying amount, currency, and destination
- Authorize the intent using your account’s signing authorities
- Grid executes the transfer through the appropriate payment rail
- Receive real-time status updates via webhooks
Virtual Accounts
Virtual accounts provide programmable bank account capabilities:- Receive traditional payments: Accept ACH, wire, and SEPA transfers directly
- Automatic conversion: Incoming fiat automatically converts to stablecoins
- Multi-currency support: USD, EUR, and other supported currencies
- Real-time notifications: Instant alerts for incoming transfers
KYC/KYB Integration
Built-in compliance features streamline customer verification:- Individual verification (KYC): Personal identification and address verification
- Business verification (KYB): Business registration and beneficial ownership
- Automated workflow: Direct integration with verification providers
- Compliance monitoring: Ongoing status tracking and updates
Key Benefits
Seamless Integration
Move between traditional finance and crypto without complex bridging
Regulatory Compliance
Built-in KYC/KYB ensures compliance with financial regulations
Global Reach
Support for multiple currencies and payment rails worldwide
Real-time Settlement
Fast settlement times with immediate stablecoin availability