Swipe enables consumers and companies to deposit cryptocurrency, which is held via a custodial wallet, that can be converted to fiat currencies for the merchants initiating the transactions directly at point-of-sale. Swipe achieves this by guaranteeing the merchant the fiat currency that they are charging while converting the users cryptocurrencies via the Swipe Network. Swipe guarantees these payments from its own reserves of SXP as a collateral that is staked off-chain at the moment to ensure that the merchant receives the amount they are charging. This process is 100% guaranteed as Swipe is in possession of the collateral necessary prior to the transaction and doesn't rely on on-chain confirmations to process the exchange rate.