Send and Receive Money
Last updated
Last updated
The person you are requesting money from will receive a notification and will be able to approve or deny your request. If they approve your request, the money will be transferred to your Friddy wallet.
This feature allows users to request money from others. Friddy generates a payment link that the user can share with the payer. The payer can then use this link to securely complete the transaction.
Steps:
Access "Request a Payment":
From your Friddy account dashboard or main menu, locate and click on the "Request a payment" option. This will open the interface shown in the image.
Enter the Amount:
In the "Amount" field, type the exact amount of money you wish to request.
Ensure you select the correct currency from the dropdown menu (USD is shown as the default).
Specify Payment Reason:
In the "Payment reason" field, provide a brief description of why you are requesting the payment.
This helps the payer understand the purpose of the transaction.
Add a Note (Optional):
In the "Add a note" field, you can include any additional details or instructions for the payer.
This could be a reference number, due date, or any other relevant information.
Create Payment Link:
After filling in the necessary details, click the "Create payment link" button.
Friddy will generate a unique link for your payment request.
Share the Link:
Once the link is created, you can copy and share it with the person you are requesting payment from.
You can share this link via email, messaging apps, or any other preferred method.
Additional Notes:
The payer does not need a Friddy account to complete the payment. They can simply click the link and follow the payment instructions.
The payment link may have an expiration date, so ensure the payer completes the transaction within the given timeframe.
Friddy may charge a small fee for processing the transaction, so be aware of any potential charges before requesting payment.
You can track the status of your payment request in your Friddy account's transaction history.
The image displays the "Cash Out" section on the Friddy platform, where users can convert their Friddy Coin (FRC) and Friddy Profit Coin (FRP) balances into cash.
Understanding the Interface:
Friddy Coin Balance: This displays the user's total holdings of Friddy Coin (FRC), which is $900.00 in this case.
Friddy Profit Coin Balance: This shows the user's total holdings of Friddy Profit Coin (FRP), which is $60.55 in this case.
Merchant: This column lists the merchants where the user has earned FRC or FRP.
Payment Method: This column indicates the payment method used for the transaction with the merchant.
Amount: This column shows the amount of FRC or FRP earned from each transaction.
Apply: This button, when clicked, initiates the cash-out process for the selected FRC or FRP amount.
Transaction Status: Each transaction has a status indicator:
Pending: The cash-out request is being processed.
Successful: The cash-out was completed successfully, and the funds have been transferred to the user's account.
Failed: The cash-out was unsuccessful due to an error.
Dispute in progress: There is a dispute regarding the transaction, and it is being investigated.
Steps for Cashing Out:
Go to the "Cash Out" section: Navigate to the "Cash Out" section from the main menu or dashboard of the Friddy platform.
Review Balances: Check your Friddy Coin (FRC) and Friddy Profit Coin (FRP) balances to see the available amount for cash out.
Select Transaction: Choose the specific transaction you want to cash out by identifying the merchant and payment method.
Click "Apply": Click on the "Apply" button next to the selected transaction to initiate the cash-out process.
Confirm: A confirmation prompt may appear, asking you to verify the cash-out details. Review the information carefully before proceeding.
Wait for Processing: The cash-out request will be processed, and the status will be updated accordingly in the transaction list.
Receive Funds: Once the cash-out is successful, the corresponding amount will be transferred to your linked bank account or chosen payment method.
Additional Notes:
There may be minimum or maximum cash-out limits, so be sure to check the Friddy platform's terms and conditions.
Cash-out processing times may vary depending on the payment method and the platform's policies.
If you encounter any issues during the cash-out process, contact Friddy customer support for assistance.
Keep track of your cash-out history and transaction statuses for your records.
