Yugo Balance Settlement
Yugo Balance Settlement converts fiat funds to crypto and delivers them to the Merchant's custodial Web3 wallet managed by Yugo.
API value: settlement.method = yugo_balance
How It Works
- Yugo receives the fiat funds from the Payer
- Yugo converts the fiat to the configured crypto asset
- Crypto is delivered to the Merchant's custodial wallet
Settlement Timing
Timing depends on the payment method used:
| Payment Method | Fund Receipt | Crypto Delivery |
|---|---|---|
| Open Banking | Same day | After fiat settlement |
| Card / Apple Pay / Google Pay | Up to 3 business days | Typically day 4 |
Chargeback Reserve (Card-Network Payments)
When the payment method is card, Apple Pay, or Google Pay, a chargeback reserve applies:
- 90% of the crypto amount is released immediately after conversion
- 10% is held as a reserve for 180 days
- The dispute window for card payments is up to 120 days
info
This reserve does not apply to open banking payments, which are irrevocable.
Fund Management
After Settlement, crypto funds are available in the Merchant Portal, where you can:
- View wallet balances and transaction history
- Manage received funds and Payouts
- Configure API keys and users
Constraints
- Requires Yugo to intermediate the funds (Yugo receives fiat, converts, and delivers crypto)
- Supported crypto assets and blockchain networks are configured during onboarding
- The
RECEIVEDandSETTLEDstatuses apply in this flow