Move between CAD and USDC with confidence
HIPAYHI is a Canadian payment app for verified residents to deposit, hold, convert, and withdraw CAD and USDC through one account.
About Us
One account for CAD and USDC
HIPAYHI is designed for Canadian residents aged 18 and older who need a clear way to move between Canadian dollars and USDC.
Through the mobile app and web dashboard, verified users can fund a CAD wallet by bank transfer, receive USDC, convert between CAD and USDC, withdraw funds, and access additional payment features as they become available.
Compliance
Registered in Canada
HIPAYHI holds current Canadian registrations relevant to the payment and virtual-currency services described in the business plan.
Canada
Bank of Canada payment service provider and FINTRAC money services business registrations
Our Services
Wallet and payment services
The HIPAYHI plan connects Canadian payment rails with a USDC wallet in one verified account.
How it works
CAD Deposits
Fund a HIPAYHI CAD Wallet by bank transfer, subject to verification, limits, and transaction screening.
USDC Deposits & Withdrawals
Receive or send USDC through supported Solana and Sui addresses, with wallet screening and withdrawal controls.
CAD ↔ USDC Conversion
Convert between CAD and USDC inside the HIPAYHI ledger with a quote and spread shown before confirmation.
CAD Withdrawals
Withdraw an eligible CAD balance to a Canadian bank account by bank transfer.
Coming Soon
Additional everyday payment features are being prepared. Details will be announced when they are available.
HIPAYHI Plus
A planned subscription tier with higher limits, reduced conversion spreads, fee benefits, and priority support.
Technology & Security
Technology for a dual-currency payment app
The planned platform combines mobile and web access, CAD payment processing, USDC custody, compliance screening, and daily reconciliation.
Architecture Overview
API → Compliance → Engine → Settlement → Reconciliation
Mobile & Web Access
A React Native mobile app and responsive web dashboard provide access to balances, deposits, conversion, withdrawals, upcoming payment features, and transaction history.
KYC & Transaction Screening
Identity verification, sanctions checks, transaction monitoring, and risk-based review are required before and during account activity.
CAD Payment Processing
Bank-transfer instructions connect the user CAD Wallet with Canadian payment processing and safeguarded account flows.
USDC Custody & Monitoring
Cregis wallet infrastructure and blockchain monitoring support USDC deposits and withdrawals on Solana and Sui.
Safeguarding & Reconciliation
Daily balance reconciliation, safeguarding sweeps, transaction records, access controls, and incident procedures support accountable operations.
Governance
Controls described in the business plan
The operating model combines RPAA obligations, AML controls, safeguarding, reconciliation, vendor oversight, security, and incident response.
RPAA Risk & Incident Response
An operational risk and incident response framework with escalation, containment, records, and required reporting.
AML / KYC & FINTRAC Reporting
Identity verification, sanctions screening, transaction monitoring, enhanced review, and regulatory reporting when required.
Access & Wallet Security
Role-based access, wallet authorization controls, key-management procedures, monitoring, backups, and recovery planning.
Safeguarding & Daily Sweeps
Excess CAD and USDC balances are planned to move to designated safeguarding accounts above an operating buffer.
Daily Reconciliation & Records
User ledgers are reconciled against bank and custodian balances, with transaction logs and audit trails retained.
Vendor Oversight & Continuity
Provider service levels, business continuity, disaster recovery, testing, and annual safeguarding confirmation are part of the planned controls.
Why HIPAYHI
Built for CAD and USDC in Canada
HIPAYHI focuses on a defined Canadian use case: helping verified residents move between a CAD wallet and a USDC wallet.
CAD & USDC Payment Flow
A single account connects verified users, CAD payment rails, USDC wallets, internal conversion, withdrawals, and transaction records.
Registered Canadian PSP & MSB
HIPAYHI is registered as a payment service provider with the Bank of Canada and as a money services business with FINTRAC. FINTRAC registration is not an endorsement or licence.
Transparent CAD–USDC Conversion
The quoted CAD–USDC conversion rate and applicable spread are shown before the user confirms an internal ledger exchange.
Safeguarding & Monitoring
The operating model includes KYC, transaction screening, daily reconciliation, safeguarding arrangements, and documented incident procedures.
Consumer-Focused Experience
Deposits, conversion, withdrawals, upcoming payment features, limits, and transaction records are designed to be managed through one mobile and web experience.
Service Model
Planned service providers
The business plan identifies specialist providers for CAD payments, USDC custody, identity verification, transaction monitoring, and other upcoming services.
DCBank
Planned CAD bank-transfer processing and trust-account safeguarding support.
InterCash
Planned support for additional payment features; availability and details will be announced when confirmed.
Cregis
Planned USDC wallet infrastructure, custody controls, and blockchain transfer support.
Trulioo / Persona
Planned identity verification, document checks, and onboarding support for Canadian residents.
Chainalysis
Planned blockchain address screening and transaction monitoring for USDC activity.
Contact
Questions about HIPAYHI?
Ask about CAD or USDC deposits, conversion, withdrawals, upcoming features, account eligibility, or the planned launch.
Submitting this form will open your email client so you can send the inquiry to our team.