Disclaimer: This article contains AI translations and should only be used as reference. Contact Cobo’s support team through [email protected] if you have any questions.
- For off-ramp, you need to register a bank account with a name that matches your company’s legal entity name, and it must be approved by Cobo’s operations team before it can be used for payouts.
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For crypto payouts, you can flexibly manage the allowed transfer addresses through the Use Destinations as Payout Whitelist toggle:
- If enabled, transfers are only allowed to registered destinations (wallet addresses);
- If disabled, you can freely enter destination addresses or select from registered destinations.
Add a destination
You can add destinations in the Payments App.Permission requirements
Only Payment Admin and Admin roles have permissions to create, edit, and delete destinations. Payment Member has view-only access and cannot make modifications.Steps
- Log in to Cobo Portal development environment or production environment.
- In the left navigation bar, click Apps, then click the Payments card to launch the App.
- In the App’s left navigation bar, click Funds Management > Destinations.
- Click the Add Destination button in the upper right corner.
- In the pop-up form, fill in the wallet address and/or bank account information to be registered.
- If registering a wallet address, you can optionally associate it with a specific merchant. Once associated, the system will automatically select this wallet address as the destination when initiating payouts for that merchant, improving operational convenience and accuracy.
- When adding a bank account, ensure the account name matches your company’s legal entity name.
- Click Submit and complete the identity verification.
- If you registered a bank account, you need to wait for approval from Cobo’s operations team before using it for payouts.