Real-time, instant business-to-business (B2B) payments.
Customers Bank Instant Token (CBIT™)
Customers Bank offers instant payments for B2B transactions, including instant settlement for crypto trading firms, exchanges, OTC desks, liquidity providers, market makers, and institutional investors through the TassatPay™ platform.
Our instant payments solution offers an alternative to legacy payment and settlement rails by providing the fast and secure transfer of funds to other CBIT™ clients 24 hours a day, 7 days a week, 365 days a year.
Explore our Instant Payment Solution
B2B payments to your partners are processed immediately.
- Control working capital
- Reduce settlement delays and counterparty risks
Make and receive payments anytime, any day, year-round.
- Facilitate USD payments without time-zone restrictions
Add partners to the platform & facilitate payments with them.
- Optimize platform ecosystem
- Improve liquidity
Powered by private blockchain technology.
- Tokenized transactions
- Safe and secure transactions
CBIT™ is always on, we’re there for you. We provide 24/7 servicing for you and your team.
One-on-one support to get you started or to navigate the platform – adding partners, making transactions or troubleshooting.
How it works
Deposit Funds into Checking
Customers Bank business client (Sender) deposits funds into its CBIT™ Business Checking Account.
Transfer Funds into Wallet
Sender transfers funds from CBIT™ Business Checking Account into its platform wallet. The funds are converted to CBIT™ tokens in the wallet; the dollar equivalent is held on a 1:1 USD to CBIT™ ratio.
Sender’s CBIT™ Wallet
Sender sends CBIT™ tokens from its wallet to the wallet of its partner, the Receiver’s wallet.
Receiver’s CBIT™ Wallet
Transfer Funds into Checking
The Receiver can leave the tokens in its wallet, or it can redeem them into its CBIT™ Business Checking Account. When redeeming into the CBIT™ Business Checking Account, the CBIT™ tokens are withdrawn from its wallet, and the dollar equivalent is transferred into the CBIT™ Business Checking Account.
Withdraw Funds from Checking
The Receiver can leave the funds in the CBIT™ Business Checking Account, or it can withdraw them per standard processes.
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