🇨🇦Canada (Intrac):

Canada (Interac e-Transfer)

Tylt CrossRamp enables merchants to embed on-ramp functionality for Canadian end users through Interac e-Transfer, with settlement in USDC/ USDT.

CrossRamp operates as an embedded crypto exchange and transfer layer, allowing end users to acquire stablecoins using local CAD payment rails while merchants or end-users receive and manage balances in USDC/ USDT.

Low-Code Integration

Tylt CrossRamp provides a low-code integration for embedding Interac e-Transfer-based on-ramp flows within merchant applications.

This approach enables:

• Rapid integration with minimal development effort

• A pre-built payment interface for end-user interaction

• A standardised CAD on-ramp flow

• Integrated compliance controls, including AML, KYC and Travel Rule requirements

• Real-time transaction-status updates

• Reduced implementation complexity for merchants

Interac e-Transfer Settlement Model

CrossRamp enables end users to initiate CAD payments through Interac e-Transfer. These payments are used to facilitate the acquisition of crypto-assets through Tylt.

Under the settlement model:

• The merchant creates a CAD pay-in instance through the Tylt API.

• The end user receives and completes an Interac e-Transfer payment request.

• The fiat payment is processed through Tylt’s Canadian payment partner.

• The corresponding crypto-asset conversion is performed within Tylt.

• The resulting USDC, USDT is credited to the merchant’s Tylt wallet or transferred to the end-users approved external wallet, where enabled.

Settlement timing is based on the merchant’s approved configuration. Supported settlement options may include instant settlement or an approved T+N settlement schedule, such as T+1.

Merchants and end-users may subsequently use their USDC, USDT balance for transfers, payouts, settlement or treasury operations.

Settlement Summary

Feature	Interac e-Transfer — Canada
Settlement frequency	Instant or approved T+N schedule
Settlement currency	USDC, USDT
Fiat currency	CAD
Transaction type	On-ramp
Payment method	Interac e-Transfer
Integration type	Low-code hosted payment flow
Settlement destination	Tylt wallet or approved external wallet
Supported region	Canada
Transaction notifications	Signed webhook notifications
Transaction verification	Get Instance Information endpoint
Successful transaction status	eventId: 5 — Payment Completed

This can also be tightened further to match the exact length and formatting of the EU/UK GitBook page.