First & Third Party Payment Support
Bridge supports both first-party and third-party payments for customers:
- First-party payments involve moving funds on behalf of the same legal entity — for example, a business converting USD to USDC for its own treasury.
- Third-party payments involve sending or receiving funds on behalf of another party — such as a platform disbursing wages to a worker, or collecting payments from consumers on behalf of a merchant.
For example, with Bridge:
- A business can pay a vendor in fiat, even if the original funds are in stablecoins.
- A platform can collect fiat from a merchant and deliver stablecoins to a consumer.
- A payroll provider can send stablecoins or fiat wages on behalf of multiple employers.
- Peer-to-peer (P2P) transfers between individuals are supported, subject to applicable limits.
Note: Third-party payments are currently not available for U.S. customers residing in Texas (TX) or Pennsylvania (PA). We’re actively working to enable this functionality in those states.
Bridge may, at its discretion, request additional information or documentation to support a third-party payment.
Updated about 15 hours ago