Authorization
The Authorization page of the Inqud Crypto Recurring allows you to view user-approved spending agreements for your plans. An authorization represents the user's agreement to be charged based on the plan's conditions and involves an actual ERC-20 approval transaction made by the user using their Web3 wallet.
What is an Authorization?
An authorization is a user-approved spending agreement for a specific plan. It signifies the user's consent to be charged according to the plan's conditions. This process includes an ERC-20 token approval transaction performed by the user via their Web3 wallet, ensuring secure and verifiable permissions for recurring payments.
An authorization is created when a user subscribes to a plan.
Authorization parameters
id
ID of authorization.
"AGR-55502ab7-d322-465e-b856-51f0ca077dd2"
wallet
Wallet used by user to subscribe.
0x364371e1fbe635922b0f37d569f8d0e12b122822
cryptoCurrency
Blockchain and token approved by user for spending.
"ETHEREUM_USDT"
status
Authorization status.
GRANTED, REVOKED_BY_MERCHANT
subscriptionId
ID of subscription associated with authorization.
"SUB-df39a8ab-0bbc-464c-acae-c0ce265a4713"
initApprovalTx
Transaction hash were user approved tokens spending.
"0xbd01120e922a778cc2047cf089b4772b0323587eaea4996b6572dedb67f6e52a"
planId
ID of plan associated with authorization.
"PLAN-d5208959-5ced-41c7-9d9e-31923b6a22a6"
Authorization balance
By clicking on an authorization record, a user can see real-time balance details of the given authorization. This includes:
balance
The current balance of the user's account associated with the authorization.
1000
allowance
The total amount approved for spending under this authorization.
500
transferable
The remaining amount that can be transferred based on the authorization
500
Authorization statuses
GRANTED: The authorization is active, allowing payments to be processed according to the specified plan conditions.
REVOKED_BY_MERCHANT: The authorization has been canceled by the merchant, and no further payments will be processed.
Authorization status transitions
Last updated
