Wyre Checkout

Overview

The Wyre Checkout widget is a turnkey solution that makes it easy for your end-users to use fiat to purchase cryptocurrency with the world’s most popular payment methods. Through our hosted Checkout, you can offer your customers a fast and secure way to purchase cryptocurrency eliminating the need to build your own KYC process or checkout UI.

With Wyre Checkout you can utilize:

  • Hosted Redirect: instantiated through a redirect to our widget for your user to complete the transaction
  • Browser Dialog: instantiated by opening a dialog and loading Wyre Checkout on your website
  • Pre-fill Information: pass in certain Parameters on behalf of the user such as a wallet address or a purchase amount to help expedite the transaction
  • Return to Source: Once the purchase is complete, you can redirect the user back to your website or app.
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Get Ready

Before starting your integration, you'll need to create an account in Wyre's testing environment. If you haven't done so already, head over to the Wyre dashboard to create it and start this process.

For more information on getting started, please go to check out what Wyre's production and test environments look like. But for now, let's talk pricing.

Pricing

Currently, there is no cost to integrate Wyre with your business. All fees are assessed to the end-user. You can see a breakdown of the fees per transfer (Fiat --> Crypto) in the table below.

Payment Method Type

Service Area

Fees

Debit Cards

US

2.9% + $0.30

Debit Cards

International

3.9% + $0.30

Apple Pay

US

2.9% + $0.30

Apple Pay

International

3.9% + $0.30

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Credit Card Fee Considerations

Credit card issuers have begun applying fees to transactions involving cryptocurrency. Some card issuers are classifying cryptocurrency transaction as cash advances.

Fees charged by credit card issuers are beyond Wyre's control. You may wish to alert your users that their credit card issuer may apply additional fees. The user should understand their card's terms of service.

Minimum Fee

There is a minimum fee when using Wyre Checkout. This is important to consider when processing small transactions.

US

INTERNATIONAL

$5 minimum fee or 2.9% + 30c, whichever is greater.

$5 minimum fee or 3.9% + 30c, whichever is greater.

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Fee Notice

As a partner of Wyre, you can add your own fee on-top of Wyre's to generate revenue for your business. This should be discussed with your Wyre Sales Representative during the time of contract creation and signing.

Payment Methods

You will be able to accept payments via debit card, ACH Direct Debits, or Apple Pay.

Note: Apple Pay will only work with Apple devices and on the Safari browser.

Payment Type

Details

Low Limit Debit Card Payments

There are two ways to provide card payments for users using the widget. You have the option of providing users with Apple Pay and Debit Card.

Caveat: Apple Pay will only work with Apple devices and on the Safari browser.

High Limit Card Payments

Use our hosted KYC flow to easily accept higher limit purchases for your users.

ACH Direct Debits

Use our hosted KYC and Plaid integrations to onramp users with their local, US bank account. You can tokenize the user's bank account for future direct debit use with our Transfers API.

Transaction Processing Limits

Order Type

Low limits, No KYC

High limits, User KYC

Card or Apple Pay Domestic (US)

Weekly: $500
Yearly: $5,000

Weekly: $2,500
Yearly: $100,000

Card or Apple Pay International

Weekly: $1,000
Yearly: $7,500

Weekly: $2,500
Yearly: $250,000

ACH Domestic (US)

n/a

$25,000 per week

The limits work on a rolling basis so if someone reached their weekly limit on a Friday, they would have to wait 7 days until the following Friday to make another purchase up to their weekly limit.

Supported States and Countries

A comprehensive list of supported states for the Wyre checkout in the US and countries across the world can be found here.

Preparation

As mentioned before, be sure to create an account in Wyre's testing environment.

You may enter dummy information for all required fields, including email, password, address, name, etc. Some validation is still active so single-letter names and bogus addresses may still be rejected. You may upload any image for document upload prompts. When using a production account, you'll need to pass in real KYC information.

After a short time, your account should automatically transition to APPROVED. (If it does not, please contact support via the chatbot on our homepage). Once this happens, return to the widget to find you can now fund your account!

Test Environment

Wyre offers a test environment for the hosted debit card widget. The test environment can be accessed at pay.testwyre.com/purchase.

To test transactions please use these provided debit cards. To ensure you have a successful transaction keep transactions below $1. Anything over $10 will fail automatically.

Test Cards

Card Type

Card Number

Expiration

CVV

VISA

4111111111111111

10/23

555

Mastercard (International only)

5454545454545454
(Use this card when testing 3D Secure)

10/23

555

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Bank Statement Authorization and SMS Code

You'll be required to enter two codes to validate the bank account and phone number for the test transactions. You can enter 000000 for both to complete this verification.

Go Live

Before going live, you'll want to make sure that you:

  • Finalize your Partnership Agreement with Wyre
  • Create your production Wyre account and complete KYC
  • Configure the Widget for the production environment

That's it! You're now ready to accept fiat-to-crypto payments natively in your app.