Resell conversions

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How the price is built

pay_amount = conversion (gmd_amount at the rate) + Modem Pay fee + your markup

• The conversion and fee work exactly like a normal conversion.
• Your markup is added on top. Your user pays it, and you keep it.

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markup_config

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Example

curl -X POST https://api.modempay.com/v1/minting/offramp \
  -H "Authorization: Bearer YOUR_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{
    "gmd_amount": 5000,
    "destination": "mobile_money",
    "payout_method": {
      "network": "wave",
      "account_number": "7000000",
      "account_name": "Awa Jallow"
    },
    "markup_config": { "type": "percentage", "value": 2 }
  }'

const conversion = await modempay.offramp.create({
  gmd_amount: 5000,
  destination: "mobile_money",
  payout_method: {
    network: "wave",
    account_number: "7000000",
    account_name: "Awa Jallow",
  },
  markup_config: { type: "percentage", value: 2 },
});

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Response (markup fields)

{
  "gmd_amount": 5000,
  "fee": 2.55,
  "pay_amount": 74.05,
  "pay_currency": "USDT",
  "markup_share_usd": 1.4,
  "markup_config": { "type": "percentage", "value": 2 },
  "status": "pending"
}

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How you get paid

• Your user’s dalasi (gmd_amount) goes to their wallet or your balance, as set by destination.
• Your markup is credited to your Modem Pay balance, as a separate entry, even when the user’s dalasi goes to a mobile money wallet.
• With partial payments, the user’s dalasi and your markup are credited in the same proportion as the money arrives, and complete together.

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Good to know

• The markup is locked when the conversion is created and doesn’t change with the rate.
• The Modem Pay fee applies to the conversion as usual; your markup is yours.