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 end-user crypto onboarding with seamless wallet creation and tap into Stellar’s network of global off ramps.
Use Cases
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.
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.
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.
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.
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
Contact us to demo the platform, review technical requirements, and learn more about what’s possible with blockchain-based disbursements.