Mass Pay For BTC

Gilded introduces Mass Pay for BTC!

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

Welcome to Mass Pay for BTC! The fastest, most efficient way for a business to send Bitcoin payments. Mass Pay marks the first step towards a comprehensive non-custodial crypto payroll solution.

Note: In order to user BTC Mass Pay, you will need to transfer funds and execute the payment from a BitPay (non-custodial, multi-signature) wallet.

For step by step instructions on creating a multi-sig wallet with BitPay and enabling Mass Pay in Gilded, see our helpful guide here.

Click here for an interactive walkthrough of how Mass Pay works.

What can you do with Mass Pay?

  • Send payment to multiple parties with a single transaction

  • Pay contractors & vendors

  • Pay employee bonuses

  • Pay your business expenses

  • Automatically notify all parties individually

If you are looking to send mass payments with Ethereum or other ERC-20 tokens, learn how to do so here.

Perform a BTC Mass Pay in Gilded

  1. Visit and login or register a new account.

  2. If registering a new account, you will need to enter a wallet address for tracking purposes. Choose Bitcoin for the blockchain and enter your BTC wallet address to create your new Gilded profile.
    ProTip: Generate a receive address from your multi-signature wallet, then enter the wallet or xpub address under Account. (see instruction below)

  3. In the top navigation bar, click "Payments", then click "Mass Pay"

  4. Click "New Mass Pay", then “Enable BTC Mass Pay”

  5. Download the CSV template and follow the formatting instructions

  6. Upload the CSV file and click "Continue"

  7. Confirm the payment details on the Preview step

  8. Click "Submit Proposal" to await approval from the authorized co-signer(s)

  9. Open the BitPay app and view the payment proposal

  10. Re-check the recipients and amounts in the payment proposal

  11. Approve the payment proposal
    Note: Steps 10-11 required by all co-payers

Got a question? Contact our friendly Customer Success team via the in-app chat at the bottom-right of your screen, or email [email protected]

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