Terminology

• Users: Individual or Business accounts you create in Synapse. User objects store all KYC and Authentication information for each user.

• Nodes: Nodes are either deposit accounts, credit accounts that you open in synapse, or 3rd party accounts you link with synapse to be able to move funds on behalf of the user. Each user can link or create multiple nodes under them.

• Transactions: Transactions resource enables you to send money between various nodes. Just supply addresses from and to nodes, and we will move money between both accounts. This is useful because it gives you one unified way of creating all kinds of transactions: Internal Transfers, ACH Debit, ACH Credit, Interchange Pulls, Push to Card, Wires, BillPay, etc.

• Statements: Each deposit or credit node (accounts created in synapse by users) automatically generates statements each month.

• Subnets: With Transactions resource, you can create transactions between two nodes that exist in the Synapse system. But what if you want other networks and platforms to be able to interface with the Synapse system? That's where subnets come in handy. If a node is hosted by Synapse (deposit or credit), you can issue a Subnet on top of that node to interface with other platforms. That's the general idea. Currently, it supports two kinds of interfaces: Account and Routing Numbers, and Card Numbers.

• Shipments: If a Subnet is a card number, this resource enables you to ship a physical card to the user.