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Mass Pay
Mass Pay - Pay up to 500 people in a single transaction
Mass Pay - Pay up to 500 people in a single transaction

Paying contractors, vendors, employees? Introducing the first non-custodial crypto payroll solution.

Gil Hildebrand avatar
Written by Gil Hildebrand
Updated over a week ago

Welcome to Mass Pay! The fastest, most efficient way to pay employees and vendors in crypto. Mass Pay marks our first step towards a comprehensive non-custodial crypto payroll solution. πŸŽ‰

What can you do with Gilded's Mass Pay feature?

  • Pay up to 500 recipients in a single Ethereum transaction

  • Save 40-60% in gas fees. vs individual transactions

  • Pay with BTC, ETH, and major stablecoins like DAI, USDC, USDT

  • Pay with non-custodial wallets like MetaMask and Ledger

  • Optionally enable KYC/AML checks

  • Optionally defer Gilded processing fee to payees

Mass Pay is compatible with any web3 wallet including MetaMask and Ledger. We'll be rolling out additional features and adding support for more currencies in the coming months.

Mass Pay can also be conducted using bitcoin with a slightly different workflow β†’ Learn more about Mass Pay for bitcoin

Click here for a step by step interactive walkthrough of Mass Pay.

How to Use Gilded's Mass Pay

1. In your Gilded dashboard, navigate to Payments > Mass Pay > New Mass Pay

2. Connect your Web3 ethereum wallet

3. Choose whether to enable KYC* or not, then download the provided Mass Pay CSV template and add payee names, email, wallet addresses, and amounts to pay

*Please note that a KYC workflow requires that you first enable our Blockpass integration, which can be found under the Integrations menu on our main navigation

4. Upload CSV with payee details: Wallet Address, Name, Email, Description, and Amount

5. Choose your currency, check the box if you'd like to deduct the processing fee from the payee*, and click proceed.

*If you do not deduct the processing fee from your payee, a .5% processing charge will be sent from your wallet

6. Preview the transaction, click approve payment (or Auto Approve if you'd like to skip this step), and sign the transaction on your Web3 wallet

7. Once your payment is confirmed on the blockchain, you'll see a success message and your payees will receive a notification in their email inbox.

After completing your first mass payment, you'll be able to:

  • View the history of previous payments

  • Click on each transaction ID and view transaction details and the actual interaction with the smart contract via etherscan

Mass Pay is available to all Gilded accounts, regardless of subscription level.

Click here for a step by step interactive walkthrough of Mass Pay.

Want to see how Mass Pay fits into your crypto workflow? Request a demo below.πŸ‘‡

Comments, questions, concerns? Initiate a chat on our website via the orange bubble or shoot us a message at [email protected].

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