Reap provides more flexibility to let companies settle Reap Card bills with cryptocurrencies, allowing companies to hold fewer fiat assets to keep business thriving.

Step-by-step tutorial

  1. Visit Reap Dashboard → Reap Card → Repayments and click the + Repayment button on the top-right corner

  2. You will see a pop-up window with Bank transfer and Cryptocurrencies options available. Click the latter one to proceed.

  3. On the summary window, you can either choose to repay the outstanding balance or repay a custom amount. Please choose the option accordingly, and type in the amount you are planning to repay in Hong Kong Dollars (HKD) if you are making a partial repayment.

  4. Please select the preferred currency and/or method of repayment

  5. We will convert the HKD to the selected cryptocurrency in real-time, and provide you with the converted amount and address on the confirmation page. Please complete the transfer within the designated time.

  6. After making the transfer, it will take a few minutes to allow us to detect the transfer (depending on the network, the waiting time ranges from 1 to 30 minutes). Once we have detected the repayment, the reconciliation will be almost immediate. Please visit the Transaction page, click on the latest entry on the Repayment tab to view the reconciliation status on the sidebar.

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