Payment Collection — Supported Currencies
| Currency | Method | Settlement | Payment Link | Direct API |
|---|---|---|---|---|
| AUD | Virtual Account Number (BSB + account) | 1 business day | Yes | Yes |
| USDT | Wallet address | Minutes | Yes | Yes |
| USDC | Wallet address | Minutes | No | Yes |
Stablecoin network: Always confirm the correct network with PIK before instructing customers to send USDT or USDC. Contact hi@pik.global for current network support. Funds sent on an unsupported network cannot be recovered.
Wallet Currency Support
| Currency | Receive Inbound | Hold Balance | FX Convert | On/Off Ramp | Payout |
|---|---|---|---|---|---|
| AUD | ✅ Via Virtual Account Number (BSB) | ✅ | ✅ | ✅ Off-ramp to crypto | ✅ |
| USDT | ✅ Via dedicated crypto wallet address | ✅ | ✅ | ✅ On-ramp to fiat | ✅ |
| USDC | ✅ Via dedicated crypto wallet address | ✅ | ✅ | ✅ On-ramp to fiat | ✅ |
| USD | ✅ Via virtual bank account (contact PIK) | ✅ | ✅ | ✅ | ✅ |
| EUR | ✅ Via virtual bank account (contact PIK) | ✅ | ✅ | ❌ | ✅ |
| GBP | ✅ Via virtual bank account (contact PIK) | ✅ | ✅ | ❌ | ✅ |
| HKD | ✅ Via virtual bank account (contact PIK) | ✅ | ✅ | ❌ | ✅ |
| SGD | ✅ Via virtual bank account (contact PIK) | ✅ | ✅ | ❌ | ✅ |
AUD/USD Rate Quality
PIK sources AUD/USD and cross-currency rates from institutional-grade liquidity with access to interbank pricing. PIK applies a fixed spread on the interbank mid-rate — no variable commissions, no hidden markups. The rate you see before confirming a conversion is the rate that executes.Fee Structure
| Fee | When Charged | How Calculated |
|---|---|---|
| Transaction fee | Per successfully settled payment | Fixed amount — not a percentage |
| Withdrawal fee | Per payout to an external bank or crypto wallet | Fixed amount |
| FX conversion fee | Per currency conversion within your PIK wallet | Fixed spread on interbank rate |
Minimum Payment Amounts
| Currency | Minimum |
|---|---|
| USDT | 10 USDT |
| USDC | 10 USDC |
| AUD | 10 AUD |