All Collections
Business Accounts
Manage business account
How to control financial operations created by other users
How to control financial operations created by other users

Manage and assign approvers via Cryptopay business account

Albina avatar
Written by Albina
Updated over a week ago

Managing approvals

This solution allows you to control the flow of financial transactions by requiring additional confirmation to be made by another user.

Here is a list of transactions available for assigning approvers to them:

  • Exchange Transfers

  • Coin Withdrawals

  • Bank Withdrawals

  • Refund to the external wallet

  • Editing approver list

To manage users who have permission to approve transactions, go to SettingsManage Approvers. This section is only available to users with Root and Admin rights.

Find the user to whom you want to grant rights to confirm operations and click Edit. Select the required types of operations and save changes.

All operations to which an approver is assigned will require a confirmation before they can be executed.

Note: when creating an operation involving an exchange of one currency for another, the exchange rate at the time of the operation's approval will be applied, not the creation of the operation.

When Editing approver list is assigned to a user, future changes to transactions that require an uprating will require confirmation from that user.

Approving or rejecting requests

You can approve or reject requests on the Approval History page. This page displays the history of requests from the current project, as well as requests to confirm approvals. Here you can also find detailed information about each approval.

The user designated as the approver for this type of transaction may approve the request if the user is not the requester. A new exchange rate is calculated when approving the request if the operation implies it.

The request can be denied by the transaction creator, users with the Root and Admin roles and the user designated as the approver for this type of transaction.

NB: no one, including the root user, can confirm their own transactions. In this case, confirmation from another user will be required.

Notifications

The Notify me of new approval tasks switch must be enabled to be notified of the necessary approvals. The user will receive an email with a link to the approval history if the operation is pending approval.


If you have any questions, please feel free to contact us in the live chat or via email at b2bsupport@cryptopay.me

Did this answer your question?