Stellar Disbursement Platform
Initiate and disburse bulk payments that move in real-time and settle instantly 24/7/365 with full certainty of funds delivery. Streamline recipient onboarding with seamless wallet creation and tap into Stellar’s network of global off ramps.
Key Features
Recipients can easily access funds with on-demand wallet creation via an SMS invitation.
Send payments to thousands of recipients in a single disbursement.
Track key metrics over time directly from the SDP dashboard.
Choose from four levels of user permissions to ensure privacy and control.
Case Study
Global team, seamless payroll? It's possible! Learn how BiGGER uses the Stellar Disbursement Platform for transparent, cost-effective employee payments across borders. Discover the solution for your business.
How It Works
Step 1
Send payments to multiple recipients with a single csv file.
Step 2
Send an SMS invitation to individuals to create their unique digital wallet and access their funds via mobile phones.
Step 3
Track funds as they are disbursed to recipients’ wallets in real-time.
Step 4
Track key metrics such as disbursement volume, average disbursement size, and asset type.
Step 5
Add new users and review user permission settings to comply with privacy and financial management controls.
Julian Martinez, Senior Developer Advocate at SDF walks us through setting up a distribution account, uploading a csv file, and initiating a disbursement of USDC on a local deployment of the SDP.
Benefits
Access an intuitive interface and an API that fully integrates into your product suite.
Instantly send funds across borders with real-time visibility throughout the flow of funds.
Convert crypto to fiat at over 300,000 off ramp points across the globe.
Use Cases
SDP enabled wallets
Several digital wallets are compatible with the SDP. These wallets enable recipients to quickly access their funds across the globe. Each wallet supports varying geographies and its own off-ramping to cash payouts, banks, mobile money, and more. Explore each to see which is the best fit for your needs.
Supporting local digital currencies and integrations in 10 countries across Africa, Boss Money is now available via smartphone or USSD for…
Supporting a streamlined user experience, this US dollar wallet was designed specifically to support humanitarian cash assistance programs.
Access a digitalwallet specifically designed for users across Africa to send and receive funds via QR codes or directly to peers with no hidden fees.
Resources
Not sure where to begin? Explore hosting capabilities, access the open-source code, or review technical documentation. View the resources below to learn more.
Explore the infrastructure that powers disbursements.
FAQs
Senders disburse funds directly to digital wallets created by recipients via SMS invitations to receive funds. When creating a disbursement, the organization selects a specific wallet provider to receive the funds.
There are four user permission levels that enable certain viewing and approval processes for disbursements to ensure data integrity and privacy. An administrator creates additional organization users and can set specific permissions by function.
Users can access transaction history and payment details directly from the Platform. All details can be exported to csv files that comply with industry standard accounting software.
Speak with Partnerships
Stellar Development Foundation provides support for businesses that are looking to implement the Stellar Disbursement Platform to their existing infrastructure. Please note, if you submit a non-company email, your meeting request will be denied.
Article
• Dana Bernard
Stellar disbursement platform
Open source
Aid
The Stellar Disbursement Platform is a fully open-source solution that provides anyone with the ability to make bulk payments to recipients around…
Article
• Dana Bernard
Stellar disbursement platform
Wallets
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On and off-ramps
How UNHCR distributes cash assistance through Stellar Aid Assist.
The Stellar network combines the power of a frictionless, blockchain-based pathway for cross-border payments, with local partners to provide on and…