The exchange clears every trade.
Dial Peer stands between buyer and seller. Sellers settle on their schedule — as fast as daily — over the rail they choose. Buyers trade on insured postpaid terms if underwriting approves coverage, or on prepay. Either way, no carrier ever extends credit to another carrier.
Three parties. One clearing layer.
Insured buyers pay on underwritten terms; prepay buyers pay from a funded balance. The exchange's funding facility absorbs the timing gap and pays the seller on their chosen cadence — non-recourse. Once a trade clears, the credit risk is no longer the seller's.
Settlement on your schedule.
Every seller picks the payout cadence that fits their operation. Daily is available as an opt-in to anyone who wants the fastest cycle in the industry; accelerated cadences may carry a service fee of [FEE]% — confirmed during onboarding.
Opt-in daily payout
The fastest cycle in the industry — available to any seller who wants it. Yesterday's cleared traffic in today's payout.
Weekly cycle
A predictable weekly run that maps to payroll and supplier obligations.
Your preferred cycle
Set the cadence that fits your treasury workflow — the exchange settles to your calendar.
Six rails. Your pick.
Fiat and stablecoin rails sit side by side — choose per payout, change any time. Settlement timing per rail is published to members.
Two paths in. Both first-class.
Underwriting uses telecom-specific credit evaluation — payment history, traffic profile, operational resilience — not just generic credit metrics. If coverage isn't approved today, prepay membership is the same exchange with the same price list; many members start there and move to terms.
The gate is the guarantee.
Postpaid terms exist on Dial Peer only where insurers have approved the exposure. That discipline is exactly why sellers carry zero credit risk and why the exchange can offer settlement as fast as daily: every dollar of postpaid exposure is insured before terms are extended. In a default, insurance absorbs the loss — not the seller, and not the seller's balance sheet.
Sold means settled
Once a trade clears, the receivable is the exchange's problem, not yours. Receivables on Dial Peer behave like near-cash.
Underwritten exposure
Every postpaid facility is approved and covered by leading trade credit underwriters before a single minute flows on terms.
Segregated settlement
Member settlement flows are held and processed separately from the exchange's operating funds.
CDR-level reporting
Both sides rate against the same exchange CDR set — one source of truth, continuous reporting, no invoice wars.
One statement, both directions.
- CDR-level detail for every call, both sides of the trade
- Statements per settlement run with per-destination, per-prefix breakdowns
- Rating against the standardized price list — or private-room terms where they apply
- Defined discrepancy windows, resolved against exchange records — never bilaterally