Cobo payments solution overview

Disclaimer: This article contains AI translations and should only be used as reference. Contact Cobo’s support team through [email protected] if you have any questions.

The Cobo payments solution is a comprehensive cryptocurrency payment infrastructure that covers core functions such as payment collection, fund management, compliance screening, and merchant management, providing enterprise customers with a secure, compliant, and efficient one-stop payment service. This solution is widely applicable to the following business scenarios:

SaaS service providers
Direct-to-consumer (DTC) websites
Global payroll distribution
Payment service providers (PSPs)
Other business scenarios requiring cryptocurrency payments

Business workflow

The overall business workflow of the Cobo payments solution is as follows:

For a complete list of features and detailed descriptions provided by the Cobo payments solution, refer to Feature list.

Payment collection stage: Collect cryptocurrency from payers. You can choose different pay-in modes based on your business needs.
Fund management stage: Cobo performs compliance screening on received funds to ensure transaction security and compliance. At the same time, Cobo automatically consolidates funds dispersed across different addresses, making it easier for you to centrally manage funds and perform subsequent operations, such as cryptocurrency exchanges, cross-chain transfers, and purchasing financial products.
Payout stage: You can convert cryptocurrency to fiat currency and transfer it to your bank account, or directly transfer cryptocurrency to external wallet addresses.

Order mode vs. Top-up mode

The Cobo payments solution offers two pay-in modes for the payment collection stage. Order mode creates a payment request for a specified amount with a validity period, suited to one-time checkout or invoice collection. Top-up mode assigns a persistent address to a payer for repeated, variable-amount funding, such as ongoing account top-ups.

Dimension	Order mode	Top-up mode
Payment model	A one-time payment request created for a specific order.	A persistent address assigned to a payer for a specific chain.
Amount behavior	The payable amount is fixed when the order is created, either specified directly or calculated from the price and exchange rate.	The payer can top up any amount to the address at any time.
Validity/expiry	The order has a validity period. The payer must complete payment within that window, or the order expires.	The address does not expire and remains valid for repeated top-ups until you replace it.
Address lifecycle	A receiving address is generated for each order.	A dedicated top-up address is created for each payer and chain, and you can replace it when needed.
Status/transaction tracking	Order status (for example `Pending`, `Completed`, `Underpaid`, `Expired`) plus webhook events such as `payment.status.updated`, `payment.transaction.late`, and `payment.transaction.completed`.	Webhook events such as `payment.transaction.created` and `payment.transaction.completed`, tracked per payer.
Recommended scenario	One-time checkout or invoice collection where the amount and payment window are known in advance.	Recurring or variable-amount funding, such as account or wallet top-ups.

For implementation details, refer to Payment collection in order mode and Payment collection in top-up mode.

Get started

You can refer to the Integration guide to understand the integration steps for various business scenarios.

Overview

Initial Setup

Pay-In

Funds Management

Reference

Cobo payments solution overview

Business workflow

Order mode vs. Top-up mode

Get started

​Business workflow

​Order mode vs. Top-up mode

​Get started

Business workflow

Order mode vs. Top-up mode

Get started