Operational Model
PayCow operates strictly as a non-custodial payment infrastructure and transaction monitoring engine. The system facilitates invoice generation, address routing, automated on-chain verification, and real-time webhook event delivery for TRON (USDT TRC-20) and Ethereum (USDT ERC-20) payments.
PayCow does not custody merchant funds, does not manage user balances, and does not store private keys. All transactions settle directly from the customer to the merchant-specified wallet address on the blockchain network.
Transaction Workflow
The settlement cycle operates through the following deterministic procedure:
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1. Destination Address Registration:
Merchants configure their destination wallet addresses (e.g. exchange deposit accounts or cold storage) within the operator panel for TRC-20 and ERC-20. Each address is locked and assigned a unique serial number (e.g. WAL-1001).
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2. Invoice Initialization:
When an order is created via the REST API (POST /api/payment/create) or merchant portal, the invoice is bound to the designated wallet address and assigned an on-chain deposit reference.
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3. Direct On-Chain Transfer:
The payer executes a TRC-20 or ERC-20 transfer directly to the merchant's target address on the blockchain. Funds do not pass through intermediate custodial pool wallets.
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4. Node Log Verification:
PayCow node workers query TRON and Ethereum RPC endpoints, matching token contract events against active session amounts and target addresses.
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5. Confirmation & Status Update:
Following on-chain block confirmations (solidified confirmations on TRON, 12 blocks on Ethereum), the transaction is marked as verified in the merchant ledger. Because the transfer settled directly to the merchant address, the funds are immediately in the merchant's possession.
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6. Automated Webhook Notification:
Upon verified on-chain finality, an HTTPS POST callback signed with an HMAC-SHA256 signature is dispatched to the merchant's configured webhook endpoint, enabling automated order fulfillment without polling delays.
System Specifications
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Non-Custodial: PayCow maintains no control over merchant private keys or digital assets.
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Direct Routing: Customer payments settle directly to the merchant-configured destination wallet.
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Deterministic Verification: On-chain block confirmations (solidified on TRON, 12 blocks on Ethereum) are required prior to final status confirmation.
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Automated Push Notifications: Real-time webhook events with cryptographic HMAC-SHA256 signatures for zero-polling system integration.
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Multi-Wallet Support: Merchants can register multiple destination addresses across TRC-20 and ERC-20 and route payments via serial identifiers.
Corporate Information & Governance
PayCow Distributed Ledger Technologies LLC is a registered technology provider incorporated under the commercial laws of Georgia (Tbilisi, Georgia). The company develops and maintains blockchain transaction verification software for commercial enterprises.
View Official Corporate Ownership & Company Registry Filings →