Payment Integrations

Instant Transactions

1. User creates a transaction in the application

2. If moving funds from user’s Synapse accounts to 3rd party platform

   1. Platform transfers funds from user’s node to platform clearing account in Synapse

   2. Platform transfers funds from platform’s clearing on the 3rd party platform to destination

3. If moving funds from 3rd party platform to User’s Synapse accounts

   1. Platform transfers funds from 3rd party platform to Platform’s clearing account

   2. Platform transfers funds from platform’s clearing account in Synapse to user’s node

4. Platform creates a single Wire transaction to rebalance the payment ledgers

Notes:

• To facilitate instant transfers and minimize fees, platforms will need to maintain payment accounts in Synapse and the 3rd party platform

• 3rd parties will need to be evaluated and approved by both Synapse and

• Platforms should evaluate the periodic transaction flow in order to support the daily operations. We recommend maintaining 2-3 periods worth of transaction flow in each account to support outliers and organic growth.

• To stay outside of the flow of funds, platforms should have a clearing account