Online wallet connected to internet
Hot wallets enable rapid fund access but increase online security exposure. Security architecture and insurance coverage therefore matter significantly. Merchants should understand how balances are distributed between hot and cold storage.
Frequency and timing of merchant payouts
Rules for issuing refunds and handling FX differences
Control and safekeeping of digital assets via private keys
How payments and conversions are directed internally
Regulatory authorisation to operate in a jurisdiction
Control and safekeeping of digital assets via private keys