Cash out

Cash out to local money

Your pay lands as AUSD, a digital US dollar. Most people need pesos, naira, shillings, rupees or reais in a bank account or a mobile wallet. Here is exactly what that looks like with Segundo: today's rate, who does the last step, what it costs and how long it takes.

On testnet this is a simulation. Cashing out sends your test AUSD to Segundo's demo partner wallet; no real money moves and nothing reaches a bank. No partner is signed yet.

Where should the money go?

IntoGCashBank account

Amount

In AUSD, from your Segundo account.

Partner's spread Assumption

1.00%

Local partners build their cost into the rate they pay out at instead of listing a fee, and none publishes one figure per corridor, so this is our assumption, not a quote. Move it to see what changes.

Cash-out quotePHP

Today's rate: Loading…
$1.00 at that rate: —
Partner's spread (1.00%, assumed): —
Would arrive in your GCash: ≈ —

Paid out by: A virtual asset service provider licensed by the Bangko Sentral ng Pilipinas, paying out over InstaPay.
Arrives: Usually minutes. InstaPay runs around the clock and credits the receiver in real time; the wait is mostly the partner's own checks.
Segundo's fee: None on top. On mainnet Segundo would earn a share of the partner's spread, shown here before you confirm.

Rate: loading where it comes from…8. InstaPay was launched with a limit of ₱50,000 per transfer, so a large cash-out is split into several. 2

Sign in to try a cash-out

Any Segundo account works: a passkey, email or a practice wallet. On testnet nothing real moves.

Your fingerprint, face or screen lock. No password, no seed phrase. Some devices ask twice the first time.

How it works on mainnet

You pick the country, the account and the amount, and see the rate you'll get and the amount that will arrive before you confirm. The quote is held for the moment you sign.
You sign one transfer of AUSD to the partner, exactly as on testnet: gasless, from the same account your pay lands in.
The partner pays out on the local rail, InstaPay in Philippines, from its own local currency balance. It is the licensed company in the country and does the identity checks local law asks for.
Segundo earns a share of the partner's spread. No fee on top, and nothing from the freelancer otherwise: the share comes out of the margin the partner already charges.

What Segundo earns: revenue line 3

Clients pay Segundo 1% of what they fund, and get 1% of the unspent part back when a tab closes (line 1). Reserve yield on budgets waiting in tabs is line 2. Cash-out is line 3: a share of the spread the payout partner keeps, agreed with each partner.

With a spread of 1.00% and Segundo's share at 25% of it (both assumptions, since no partner has signed), every $100 cashed out earns Segundo $0.25. The partner keeps $0.75 and the freelancer gets the rest, about $99.00. The whole business model.

The bar: what people pay today

Sending $200, global average6.36%

Into a bank account7.86%

Into a mobile money wallet3.92%

Cash-out spread on this page (assumed)1.00%

Average total cost of sending money, from the World Bank's Remittance Prices Worldwide for the third quarter of 20251. A dollar balance that is already digital skips the sending bank and the card network; only the last step into local money is left, and that is the step a cash-out partner prices.

Sources

The partner's spread and Segundo's share of it are assumptions, labelled as such wherever they appear. The exchange rate is the one Segundo's Chainlink CRE workflow last posted on Monad (a daily reference rate when that is over 6 hours old), shown to people and never used to move money.