Instant Trade

What is Instant Trade?
Instant Trade is a functionality that allows the merchants to instantly exchange the ECS received in the requests into Euro via Blocktrade.
Tue, 24 Jan, 2023 at 3:50 PM
Do I have to be connected to Blocktrade?
Yes, a connection with a business Blocktrade account is required to enable Instant Trade in the eCredits ecosystem.
Thu, 12 Jan, 2023 at 2:29 PM
As a Merchant, can I now receive Euros in the cashier app?
No, the cashier app and the eWallet will continue working in the same way when receiving requests. Instant Trade implies a separate process where the ECS ar...
Wed, 25 Jan, 2023 at 11:44 AM
Can I enable and disable instant Trade at any time?
Yes, Instant Trade can be enabled and disabled at any time in the web portal. 
Thu, 12 Jan, 2023 at 2:30 PM
What if I have a blocktrade consumer account?
Blocktrade consumer accounts do not support Instant Trade. You can connect the account to ECS and use it for other features (I.e., Quick trade), but not Ins...
Thu, 12 Jan, 2023 at 2:30 PM
Do I have to pay more for this feature?
No, eCredits does not charge any fee for Instant Trade. However, Blocktrade could incur into additional fees according to their policies, and they are not r...
Thu, 12 Jan, 2023 at 2:31 PM
Can I activate Instant trade in my eCredits wallet?
No, the activation or enabling of Instant Trade can only be done in the Web Portal. However, after it is active, you can request ECS in the eWallet, and the...
Thu, 12 Jan, 2023 at 2:31 PM
What are the fees associated with this feature?
There are no additional fees charged by eCredits, merchants will continue having the regular transaction fees (0.5%). Additional fees are related to the ser...
Thu, 12 Jan, 2023 at 2:32 PM