Payments & Redemptions,
Built for Trust.
Krave handles the money-flow side of a sweepstakes platform as a set of secure, auditable capabilities: recorded purchases, verified prize redemptions, and role-based approval workflows that keep finance, compliance, and support teams aligned.
How Money Flows on the Platform.
Purchases and redemptions are handled as two sides of the same ledger-based system. Every transaction is recorded, every redemption is reviewed, and no step is processed without the right controls in place.
Coin Purchases
Players purchase Gold Coin packages for entertainment play. These coins have no cash value and are for play-money use only. Sweeps Coins are included free as a promotional bonus with each qualifying purchase, so the promotional entry currency is never directly bought.
- Gold Coins are play-money only; no cash value
- Sweeps Coins received free as a promotional bonus
- Double-submit protection on every purchase
- Recorded, idempotent coin crediting
Prize Redemptions
Sweeps Coins can be redeemed for prizes once a player meets the minimum threshold and completes identity verification. Each redemption is routed through a review and approval workflow before fulfillment, with clear roles and full audit coverage.
- Minimum redemption threshold enforced platform-wide
- Identity verification required before approval
- Redemptions reviewed and approved before fulfillment
- Payout tracked from request to completion
Controls That Run in Production.
These are not policy documents. They are enforced by the platform. Every control is backed by recorded events, role-based permissions, and audit trails.
Minimum Redemption Threshold
Platform-enforced minimums are applied consistently so redemptions are only processed when a player has reached the required Sweeps Coin balance.
Identity Verification Gate
Redemption requests require identity verification before they enter the approval queue. The platform only releases prizes after the player passes the required checks.
Fraud & Risk Review
Account and activity signals are surfaced for human review. Suspicious patterns are flagged and routed to an ops queue rather than auto-approved.
Separation of Duties
Only authorized reviewers can approve and release prize redemptions. Role-based permissions keep the team configuring promotions separate from the team approving redemptions.
Full Audit Trail
Every purchase, coin grant, redemption request, review decision, and payout is recorded in a searchable audit log with immutable timestamps and reviewer identity.
Free No-Purchase Entry Path
Players can request free Sweeps Coins through the Alternative Method of Entry (AMOE) mail-in path. The platform tracks intake, validation, and fulfillment just like any other entry source.
No Purchase Necessary
Players are never required to purchase to receive Sweeps Coins or enter promotional play. The platform supports a free Alternative Method of Entry (AMOE) via mail-in request, and Sweeps Coins received through AMOE are treated identically to bonus Sweeps Coins for redemption and prize eligibility. The AMOE workflow is tracked, validated, and audited end to end.
Discuss Payments and Redemptions.
Reach out to discuss your brand and learn more about payment and redemption capabilities.