How It Works

how it works voltage payments is an enterprise grade lightning payments platform which can be powered by a credit line or your own lightning node with our easy to use apis, you can quickly and easily integrate lightning payments into your products and services voltage payments is the best way to move bitcoin and stablecoins, with ease, at scale for credit backed users you'll also be able instantly convert your transactions into usd let’s break down how this works platform functionality the voltage payments platform is an all in one solution via an easy to use api nodes, channels, and liquidity can be mostly abstracted away, massively simplifying the integration and mangement of your lightning solution customers can use our api or our dashboard to view transactions, send & receive payments, manage wallets, and more when sending and receiving payments, you will be able to use any of our supported assets currently the only supported asset is bitcoin, however we plan to add usdt soon the platform has built in support for team management you can add users and set permissions easily via our dashboard additionally, you can create api keys that are environment specific to easily segregate permissions based on your application deployments to summarize payments boasts a simple and straightforward api credit backed solutions require no nodes, channels, or liquidity to worry about voltage handles all of it node backed solutions give you the power and features of the voltage payments platform while maintaining complete control over your infrastructure and funds transact with a variety of assets of the lightning network robust dashboard to manage your team, wallets, and transactions team management to easily collaborate across your entire company credit backed payments functionality the voltage payments platform functions very similar to a business credit card once approved, an organization is given a line of credit at the end of the billing cycle, customers are simply charged for their usage through the cycle this comes with significant advantages over alternative schemes this means that you can start sending payments without needing to first fund your wallet additionally, this drastically simplifies the ongoing capital requirements for sending payments there's no more unnecessary capital lockups you only pay for what you send after you've send it not only is it most capital efficient, it also means less exposure to third parties for your funds this line of credit is the maximum amount of sends you can do in a given billing cycle any payments received during the billing cycle are directly applied to this line of credit billing cycle durations can be a duration of weekly, biweekly, monthly at the end of the billing cycle, voltage will calculate an invoice that includes any outstanding credit balances (sent payments that need to be paid back) plus platform fees the billing cycle invoices can be paid with either bitcoin or us dollars the currency configuration of the line of credit is set at onboarding and can't be changed when the currency is set to usd, voltage will automatically deduct invoice payments from the customers bank account via ach this means that a customer could integrate bitcoin or stablecoin payments into their application without ever having exposure to the assets themselves usd invoice payments are coming soon, only bitcoin is supported today to summarize voltage payments functions like a credit card, giving customers a line of credit for sending payments the credit structure gives significant benefits for capital controls and efficiency at the end of a billing cycle, voltage invoices customers for sent payments customers can pay their invoices in btc or usd usd invoice payments allow customers to get benefits of lightning without asset exposure node backed payments functionality the voltage payments platform when backed by a node is our user controlled solution where you can leverage all of the benefits of our payments api but maintain full control over the funds, keys, and node infrastructure this means that you must have an existing lightning node on the voltage platform and some channels with inbound / outbound capacity in order to start sending and receiving here is our setup guide for creating / funding a new node to back your payments solution if you are an enterprise customer we can help you setup your node, provision channels, and even provide you with inbound liquidity to quickly and easily enable high volume receives to summarize voltage payments is a feature packed lightning api that can be backed by either a business credit line or your own lightning node voltage payments when backed by a node allows you to maintain full control but requires you to manage liquidity, funds, and keys yourself (with white glove support from voltage for anyone on an enterprise plan)