Questions wholesale operators actually ask.
Written for the skeptics — NOC managers, carrier relations, and CFOs. Interconnect specs, tech prefix mechanics, payout cadences, underwriting, and what happens when something goes wrong.
01What does the interconnect look like technically?+
A standard SIP interconnect to the exchange's session border controllers — UDP, TCP, or TLS transport, IP-based authentication. You bring up one trunk (redundant pairs available) dimensioned to your forecast capacity. There is no proprietary client, no API dependency in the media path, and no per-counterparty trunk to build ever again.
02Which codecs and signaling do you expect?+
Standards-based SIP (RFC 3261) with G.711a/u and G.729 as the working set; DTMF via RFC 2833/4733. Transcoding is available at the exchange where buyer and seller codecs differ. If you run something unusual, raise it during technical onboarding — the answer is usually yes with configuration.
03Can we connect over private capacity instead of the public internet?+
Yes. Public-internet SIP (with or without TLS) is the default; private interconnection at carrier-neutral facilities and VPN tunnels are available for members with capacity or security requirements. Specific locations are confirmed during onboarding.
04How long does onboarding actually take?+
The constraint is usually your side's change process, not ours. Once the agreement is signed, bringing up the trunk, exchanging IPs, and running test traffic is days, not months. There are no bilateral negotiations to wait on — that is the point.
05How does tech prefix routing work in practice?+
Every offer on the exchange carries a tech prefix — a short digit string. Your switch prepends it to the dialed E.164 number and sends the call down your single Dial Peer trunk. The exchange strips the prefix and delivers the call to that seller. Selecting a different supplier for a destination is a dial plan change on your switch, nothing more.
06So my LCR still makes the routing decisions?+
Yes. The standardized price list loads into your LCR like any vendor deck — except it covers the whole market in one normalized file. Your LCR picks the offer; the tech prefix expresses that choice on the trunk. You keep full routing control.
07What quality data do I get before committing traffic?+
Per-route ASR and ACD measured from live exchange traffic, visible alongside the price. After you commit, you watch the same metrics on your own traffic. If a route degrades, you move to another prefix in minutes — no commercial unwinding required.
08Is this just hubbing with extra steps?+
It shares the topology of hubbing — one trunk, many destinations — but classic hubbing makes you a price-taker on the hub's blended routes. On Dial Peer you see every individual seller's offer, rate, and quality, and you choose. The exchange is a venue and clearing layer, not a reseller inserting margin between you and the market.
09How does payout cadence selection work?+
You pick the cycle that fits your treasury workflow — daily, weekly, or a custom cadence — and you can change it as your needs change. Daily payout is an opt-in facility: the fastest cycle in the industry, available to any seller who wants it, not something imposed on anyone. Accelerated cadences may carry a service fee of [FEE]% — confirmed during onboarding.
10Which payout rails are available, and how fast is each?+
Six rails, your choice per payout: ACH (US domestic), FedWire (US same-day), SWIFT (international wire), SEPA (EU/EEA), and the stablecoins USDC and USDT. Fiat and stablecoin rails get equal treatment. Settlement timing per rail is published to members — wire and stablecoin rails clear fastest; ACH and SEPA follow their network schedules.
11What does 'non-recourse' actually mean for me as a seller?+
Once your trade clears the exchange, the receivable is no longer yours. You are paid on your chosen cadence regardless of when — or whether — the buyer pays the exchange. There are no clawbacks against the seller in a buyer default; insurance absorbs the loss. No collections desk, no aging reports, no write-offs.
12What happens if a buyer defaults?+
Nothing changes for you. You were paid per your cadence as trades cleared. The defaulted exposure sits with the exchange and is covered by the credit insurance that approved that buyer's terms in the first place. The seller's balance sheet is never the backstop.
13Do buyers automatically get postpaid terms?+
No — and that's deliberate. Postpaid terms are extended only to insurable buyers: you apply for a credit facility, and approval is subject to credit insurance underwriting by leading trade credit underwriters. That gate is exactly why sellers on the exchange carry zero credit risk.
14What does underwriting look at?+
Telecom-specific credit evaluation — payment history, traffic profile, operational resilience — not just generic credit metrics. Dial Peer assesses the operation and presents the exposure to its insurers; if coverage is approved, your facility is structured to fit your operation, sized to traffic profile, payment history, and the approved coverage limit.
15What if I'm not approved for coverage?+
You join on prepay — a first-class path, not a rejection. Same exchange, same routes, same standardized price list, same single interconnect. Fund your balance on any of the six rails and draw it down as you trade. As payment history builds on the exchange, you can reapply for the facility.
16What does prepay actually require?+
A funded balance with the exchange — topped up on ACH, FedWire, SWIFT, SEPA, USDC, or USDT — instead of separate deposits scattered across every vendor that demands one. One balance covers your buying across every seller on the exchange.
17Who actually stands behind the settlement?+
The exchange does. Dial Peer stands between buyer and seller on every trade: its funding facility finances the gap between buyer terms and seller payout cadences, every postpaid exposure is insured before terms exist, and member settlement flows are held segregated from the exchange's operating funds.
18How are disputes handled?+
Both sides of every trade rate against the same exchange CDR set, which removes the classic two-sets-of-books dispute at the source. Discrepancies — missing CDRs, rating questions — are raised with the exchange within a defined window and resolved against exchange records. You never argue with your counterparty; there is nothing bilateral to argue about.
19Where does Dial Peer make its money?+
On exchange fees per traded minute, plus service fees where members opt into accelerated payout cadences — published to members, identical in structure for everyone, and visible in the same statement as everything else. The exchange does not trade against its members and does not resell routes at a blended margin.
20Where does AI actually run on the exchange?+
Three places. Routing: models trained on exchange-wide CDR flow forecast per-route quality and feed quality-priority re-ranking. Fraud: answer-pattern, CLI-delivery, and destination-anomaly models score continuously across the whole market. Access: the price list, route metrics, and statements are machine-readable and API-accessible, so your own procurement or NOC agents can work the exchange directly.
21What role does blockchain play — and is there a token?+
No token, no speculation. Chains do exactly two jobs here: USDC and USDT are first-class payout rails that settle 24/7/365 — a daily-cadence seller can be paid on a Sunday — and each settlement run's statements are hashed and anchored on a public chain, giving members a tamper-evident audit trail they can verify independently of the exchange's database.
22Who can see what happens in a private room?+
The two parties in the room. Rates, volumes, and the room's existence are not market data and never inform open-exchange pricing. Dial Peer's role inside a room is clearing and settlement, not commercial visibility.
23Can I bring an existing partner who isn't on the exchange?+
Yes — inviting a counterparty into a private room is a standard onboarding path. They sign the exchange agreement, bring up their interconnect, and your existing relationship continues on its negotiated terms — now cleared by the exchange, with the seller's chosen payout cadence and no credit exposure between you.
24How does the exchange handle STIR/SHAKEN and CLI regulation?+
Caller-ID authentication is now a commercial issue — attestation and CLI reputation decide answer rates. Routes on the exchange are typed and continuously verified by CLI delivery, attestation requirements are matched during onboarding, and member vetting means traffic never transits an anonymous reseller chain. Specific signing and attestation arrangements are confirmed per member during technical onboarding.
25Does anonymity hide bad actors?+
Offers can be anonymous to the market, but no one is anonymous to the exchange. Every member passes the same onboarding, postpaid buyers pass underwriting on top of it, and every route's measured ASR/ACD is public to buyers. Reputation lives in the metrics, not the logo.
26What happens to my direct relationships if I join?+
Keep them. Move them into private rooms to strip out their back-office cost, or keep them fully off-exchange — membership doesn't restrict how you trade elsewhere. Most members start with overflow traffic, watch the settlement behavior, then migrate more volume as trust builds.