Fund payouts in real time instead of pre-funding
Draw USDC liquidity when a payout, card settlement or merchant payment is due, and repay when settlement lands. Stop parking cash with payout partners to cover T+1 and T+2 delays.
Pay out first, settle after
| Use case | What the line pays for | What repays it |
| Payout partner pre-funding | Local-currency payouts through payout partners such as Thunes, TerraPay or dLocal, on the day each payout is due | The sender's funds when they arrive |
| Card program settlement | The card network's daily settlement while cardholder top-ups and interchange catch up | Top-ups and interchange |
| Same-day merchant settlement | Merchant payouts on the day of the sale, for acquirers and merchant PSPs | Card network settlement a few days later |
| Payout advances | Seller, contractor or payroll payouts before customer payments reach your account | Customer collections |
| Weekend payouts | Payouts that fall due from Friday to Monday while bank rails are closed | Monday's settlement |
| Stablecoin on-ramps | USDC delivered to users the moment a card or bank payment is approved | The card or bank settlement |
Have a flow that isn't listed? Any payment you owe before the matching settlement arrives can be funded. Tell us about it.
Pre-funding today vs an Upshift credit line
| Pre-funding today | With an Upshift credit line | |
| Liquidity tied up | Days of volume parked with each payout partner | Only what you draw, for as long as you use it |
| Timing | T+1 and T+2 delays, bank cut-offs and holidays | USDC draws 24/7 |
| Repayment | Top up each corridor by hand | Settlement flows repay the line as they arrive |
| Idle balances | Sit in a bank account or plain stablecoins, earning little or nothing | Can earn in a Cash vault until they're needed |
| Where the capital comes from | Your own balance sheet, often funded by equity rounds | Lenders' capital, repaid from your settlement flows |
| Room to grow | Capped by the cash you can park in each market | A limit sized to your volumes, reviewed as they grow |
| Reporting | Reconciled across banks and partners | Draws and repayments recorded onchain |
From first call to your first draw
- 1
Share your flows
Monthly volume, corridors, settlement cycle and how you fund payouts today.
- 2
We size a limit
We agree the limit, collateral and pricing with the lender, based on your settlement data.
- 3
Draw USDC
Draw when a payout or settlement is due, at any hour.
- 4
Settlement repays
Incoming settlement repays what you drew, and the limit frees up for the next cycle.
Two ways to draw
A revolving USDC line
One limit sized to your volumes and settlement cycle. Draw any amount up to it, repay as settlement lands, and the limit frees up for the next cycle.
Draw and repay by API
Trigger draws from your payout or treasury system when a payment is due, and send repayments the same way. Every draw and repayment is recorded onchain.
Earn on idle balances, with instant access
Most payment teams keep part of their treasury pre-funded either way. That balance can sit in a Cash vault: tokenized T-bills next to a USDC liquidity sleeve inside the vault, so you can take funds out at any time without a waiting period. Larger withdrawals settle in up to 3 days.
T-bill yield
The vault holds tokenized Treasury and money market funds. No lending protocols, no crypto-market exposure.
Instant access
Redeem to USDC from the liquidity sleeve at any hour, weekends included, when a payout is due.
A dedicated vault
A vault set up for your treasury wallets, kept separate from other depositors.
Use both: earn on what you keep, and draw a line for the peaks. See all yield options. Rates float with market conditions and no return is guaranteed.
Lending vaults and institutional lenders
Lines are funded by lending vaults on Upshift and by institutional lenders reached through the Upshift prime stack, which has originated more than $800 million in loans. Collateral is agreed per line: usually settlement receivables, such as card network receivables for acquiring, and in some cases Upshift vault shares, depending on the lender.
Pricing depends on your volumes, collateral and settlement cycle, so we quote it per line rather than publishing a standard rate.
Built for licensed payment firms
Acquirers and merchant PSPs
Firms that pay merchants before the card network settles.
Cross-border PSPs and ramps
Remittance and payout companies that pre-fund corridors today.
Card programs and issuer-processors
Programs that settle with a card network every day, and processors that fund their own programs.
Payout platforms
Marketplaces and payroll platforms that pay out before they collect.
What we ask for
FAQs
What can a credit line pay for?
Corridor pre-funding, daily card network settlement, same-day merchant settlement, payout advances and weekend payouts: any payment you owe before the matching settlement arrives.
How large can a line be?
Each line is sized to your monthly volume and settlement cycle. Tell us the size you need in the form and we'll come back with what a lender can support.
What collateral is needed?
It's agreed per line. Most lines are secured on settlement receivables (card network receivables for acquiring lines), and some lenders also accept Upshift vault shares.
What does it cost?
Pricing depends on volumes, collateral and settlement cycle, and is quoted per line.
Which stablecoin do we draw?
USDC. Ask us if you need another stablecoin for a specific corridor.
Can we earn on the balance we still pre-fund?
Yes. Balances you keep can sit in a Cash vault that holds tokenized money market funds, with 24/7 redemptions.
Guides for payment teams
Receivables financing vs stablecoin credit for PSPs
Read the guide
Cross-border pre-funding: what it costs and how to cut it
Read the guide
How PSPs fund weekend payouts when banks are closed
Read the guide