💰SmartSweep
Automate your fund management.
SmartSweep automatically transfers funds from Customer Deposit Wallets to your designated Cold Wallet, helping you consolidate balances securely and efficiently, without manual intervention or exposed keys.
Why it matters
Save time: No more manual consolidation of deposits.
Improve efficiency: Maintain optimal wallet balances for payouts and settlements.
Enhance security: Sweep operations use smart contracts, not private keys.
Stay audit-ready: Every sweep transaction is logged and traceable.
Lower costs: Fewer transactions mean reduced operational and network fees.
SmartSweep workflow
Customer Deposit Wallets receive funds from individual users.
SmartSweep automatically detects available balances that meet the pre-configured threshold.
The system initiates an onchain transaction.
Funds are moved from deposit wallets to your designated Cold Wallet.
Each sweep is confirmed, logged, and visible in your SmartSweep Dashboard.
How it works
Once a wallet is activated, PayRam can sweep funds automatically based on three configurable settings:
Amount: SmartSweep is triggered when either,
An individual deposit wallet’s balance reaches the set amount, or,
The total balance across multiple wallets in a batch reaches the set amount.
Address count: The sweep occurs after a set number of deposit addresses have received funds.
Time: The sweep occurs after a set time period has elapsed.
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