Alpha
August 31, 2025, 7:47pm
1
As of today, our new structure is live . Here’s what changes:
Escrow is gone. SWAPD now works under a Merchant of Record model.
Sellers are now subcontractors. You work with VEYYO directly to deliver services/products.
Invoices. We can now issue FULL invoices for buyers (on request). Only exception: Canadian entities (GST registration still pending).
Payments. Added support for BTC, ETH, SOL, USDC (SOL), and USDT (SOL). More methods are coming in 2026.
Faster confirmations. Incoming payments clear quicker.
Calculator accuracy. 99% precise. The 1% gap = unpredictable outgoing gas fees.
Policies updated. TOS, Privacy, Policy, and Ticket procedures — all revised.
Fees. No changes to base fees. One new rule: the 1% processing fee cannot be recovered from subcontractors if the payment is under 5,000 USD.
Dispute fee. 5% may be applied at staff discretion, but not compulsory.
Transaction Contract. Updated.
Our full multi-entity setup (spanning multiple jurisdictions, from Canada/Cyprus to Poland) is now live and operational .
And no — these aren’t all the changes. More is coming, but we’ll announce when ready.
14 Likes
Great update! The new structure looks much more transparent and professional. Excited to see how the Merchant of Record model and faster confirmations improve the overall experience. Looking forward to the upcoming changes as well! THANKS SWAPD TEAM!
2 Likes
Is the calculator completely accurate? @Alpha
woody
August 31, 2025, 8:08pm
9
Nice article! To the point, no long-winded AI gobbledygook. Take notes, @SWAPD bro.
3 Likes
Alpha
August 31, 2025, 8:10pm
10
See @SWAPD I’m so much better than you and you definitely didn’t write this
3 Likes
woody
August 31, 2025, 8:25pm
11
Wow! So @swapd can put that one brain cell to work sometimes.
2 Likes
Tobi
August 31, 2025, 9:53pm
14
Amazing update with great changes
1 Like
Comfy
September 1, 2025, 5:45am
15
Great changes. Keep it up team.
1 Like
SWAPD
September 1, 2025, 7:58am
16
Bruh I literally wrote that.
3 Likes
Fresh and fabulous changes🥰
leaflix
September 1, 2025, 10:11am
18
Trustap (Stripe) charges 2% conversion fee. Is it added in fee calculator?
1 Like
Alpha
September 2, 2025, 7:00am
19
TrustAP fees should be accounted for - if you give it a look you can see the % is higher.
1 Like