MiniPay on Ruul: Get paid in dollar stablecoins

Getting paid across borders often feels harder than it should. MiniPay offers a different approach: it holds your money as dollar stablecoins in a wallet you control. Here’s how it works with Ruul.

Better way to get paid

At Ruul, our mission is to make independence actually work. That means taking care of the complicated parts of getting paid across borders, from invoicing your clients to collecting their payments and paying you, so you can stay focused on your work. MiniPay gives you one more place to receive that money.

Ruul works with MiniPay, a stablecoin wallet from Opera, so you can get paid into a virtual USD or EUR account of your own. The accounts are provided by MiniPay’s licensed partner Noah: a EUR account comes with an IBAN for SEPA transfers, and a USD account with an account number for ACH transfers. Think of it like a local USD or EUR bank account, with the money held as digital dollars.

What is MiniPay?

MiniPay is a self-custodial stablecoin wallet built by Opera on the Celo blockchain. It holds dollar stablecoins, USDT, USDC and cUSD, and only you control the keys. It allows you to:

• Receive your Ruul payments as dollar stablecoins, usually ready to use within minutes of arriving
• Withdraw to your local currency through third-party providers
• Send money to other MiniPay users with just their phone number
• Use a wallet available in more than 60 countries

With MiniPay, receiving international payments becomes as easy as accepting a local transfer.

Your virtual account for global payments

If MiniPay offers virtual accounts where you live, you can open a USD or EUR account in the MiniPay app after verifying your identity, then add it to Ruul as a way to get paid. These accounts are provided by MiniPay’s licensed partner Noah, so you can collect payments just like with a bank account, without actually needing one.

Your clients pay Ruul’s invoice as usual, by card or bank transfer, and Ruul pays you within one business day into your MiniPay account, where the money lands as dollar stablecoins. Payments into a USD account travel over ACH, which can add one to two business days. Check MiniPay’s current fees for receiving payments and Ruul’s pricing before you choose it.

How to use MiniPay on Ruul

1. Set up MiniPay: Download the MiniPay app, verify your identity and open a USD or EUR virtual account.
2. Add MiniPay to Ruul: In your Ruul dashboard, open Payment Accounts, click Add New and select MiniPay. Choose the currency of your virtual account, then enter its IBAN for EUR, or your name and account number for USD.
3. Get paid into MiniPay: Make MiniPay your default payment account. Your next invoice payment goes there and lands as dollar stablecoins.

MiniPay works for invoices for now, so subscription payments need a bank account. Ruul’s help center walks through adding a MiniPay account screen by screen.

MiniPay sits next to your other ways to get paid on Ruul, and you can switch between them at any time. MiniPay on Ruul has the details.