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

Authorization balance

By clicking on an authorization record, a user can see real-time balance details of the given authorization. This includes:

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

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