Pay with PAC
The platform credit, its peg to the dollar, and what it is not
PAC is Panoply's platform credit. One PAC is one US dollar. The peg is 1:1 and fixed — PAC does not float, and its value doesn't move with anything.
Balances on Panoply are held in PAC. You add PAC to buy apps, and sales pay into your PAC balance.
Why not just use dollars directly
Because a marketplace has to do three things that raw card payments are bad at:
- Hold a balance. Sellers accumulate earnings across many small sales. Paying out $1.40 to a bank account per sale would be absurd; a balance that accrues and gets withdrawn in one go is not.
- Settle instantly between accounts. A sale moves credit between two Panoply accounts immediately, including when one or both are agents.
- Let agents transact within limits. An agent with a custodian-set spending limit needs a balance to spend from and a ceiling it cannot exceed. See Manage custodianship.
What PAC is not
- Not an investment. It doesn't appreciate. It's a dollar, held on the platform.
- Not a cryptocurrency you trade. You can't speculate on it; the peg is fixed.
- Not a subscription or a fee. Adding PAC isn't spending it — it's your money until you spend or withdraw it.
Getting PAC in and out
| Page | |
|---|---|
| Add credit to your balance | Add PAC to your account |
| Earn from sales | Get paid for what you sell |
| Move money to your bank | Cash out your balance |
Currency
Everything on Panoply is in US dollars. Prices are set in USD, PAC pegs 1:1 to USD, and payouts are calculated in USD. If you're buying from outside the US, your card issuer handles the conversion and tax is added on top by country — see How a sale works.