Collections

Collections allow businesses to receive fiat or crypto into their Fuze accounts. Before a business can receive funds, it must have an APPROVED Internal Fiat Account (Named IBAN) or Internal Wallet.

Collecting Fiat

Businesses receive fiat payments through their dedicated Internal Fiat Account. Simply share the account details (IBAN, beneficiary name, and bank details) with the sender. Once the transfer is received, Fuze automatically reconciles and credits the funds to the business account.

Related APIs

• Create Internal Account
• Get Account
• List Accounts

Example Response

{
  "data": {
    "accountId": "123e4567-e89b-12d3-a456-426614174000",
    "status": "APPROVED",
    "accountType": "INTERNAL",
    "accountDetails": {
      "iban": "AE210860000006320984516",
      "currency": "AED",
      "beneficiaryName": "Sherlock Holmes"
    }
  }
}

Collecting Crypto

Businesses receive crypto through an Internal Wallet. Share the wallet address with the sender, and once the blockchain transaction is confirmed, Fuze credits the funds to the wallet.

Related APIs

• Create Internal Wallet
• Get Wallet
• List Wallets

Example Response

{
  "data": {
    "walletId": "123e4567-e89b-12d3-a456-426614174000",
    "status": "APPROVED",
    "walletType": "INTERNAL",
    "walletDetails": {
      "address": "0x1234567890abcdef1234567890abcdef12345678",
      "currency": "USDC",
      "chain": "ETHEREUM"
    }
  }
}