Getting Started
Key Concepts
Getting Started
Key Concepts
Understanding the core concepts of the Bila platform
Key Concepts
Understanding these core concepts will help you make the most of the Bila platform.
Payments
Payments
Payments represent money transfers from customers to your business.
- One-time payments for single purchases
- Recurring payments for subscriptions
- Payment links for sharing with customers
- Checkout pages for embedded payment experiences
Wallets
Wallets
Digital wallets store your funds and facilitate transactions.
- Multi-currency support
- Instant transfers between wallets
- Real-time balance updates
- Transaction history and reporting
Settlements
Settlements
The process of transferring funds from Bila to your external accounts.
- Instant blockchain settlements
- Bank account withdrawals
- Mobile money transfers
- Cryptocurrency withdrawals
Webhooks
Webhooks
Real-time notifications about events on your Bila account.
- Payment confirmations
- Failed transactions
- Wallet balance updates
- Settlement completions
Business Types
Sandbox Business
- Test environment for development and integration
- Simulated transactions with test data
- No real money involved
- Immediate access without KYB verification
- Perfect for testing your integration before going live
Production Business
- Live environment for real transactions
- Requires complete KYB verification
- Real money processing and settlement
- Full access to all features and payment methods
- 24/7 support for production issues
API Keys
API Keys
Secure credentials that authenticate your requests to the Bila API.
- Public Key: Used for client-side operations (can be exposed in your frontend code)
- Secret Key: Used for server-side operations (must be kept secure)
- Test Keys: Used in the sandbox environment
- Live Keys: Used in the production environment
Blockchain Settlement
Blockchain Settlement
The underlying technology that enables instant, secure settlements on the Bila platform.
- Transactions are settled on various blockchain networks
- Stablecoins are used to maintain price stability
- Multi-network support for maximum flexibility
- Non-custodial infrastructure gives you full control of your assets
Next Steps
Now that you understand the key concepts, explore these resources to learn more: