Scopuly
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        • Page 2
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      • Create Wallet 🛠️
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        • Method 1️⃣
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      • Account 📝
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          • How to Add Trustline in the App🤝
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          • How to change Wallet Name in the App✏️
          • Federation Name🌐
            • How to set the Federation Name for a Stellar address in the App⚙️
            • How to send Stellar assets to a Federation Address in the App📤
          • Home Domain
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            • ➕ Adding Signers
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          • How to get Secret Key in the App🔑
          • Lock Account 🔒
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    • 💸Payments
      • Sending Assets ✈
      • Payment Request (QR)
      • Mass Payments
      • Claimable Balances⏰
      • Contacts 👥
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      • How to create Buy Order
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On this page
  • 1. Access the Payment Section:
  • 2. Select “Mass”:
  • 3. Complete the Mass Payment Form:
  • Important Calculation Note:
  • 5. Review and Double-Check:
  • 6. Initiate Mass Payment:
  • 7. Final Confirmation:
  • 8. Mass Payment Successful:
  • Crucial Reminders:
  1. APP
  2. Payments

Mass Payments

PreviousPayment Request (QR)NextClaimable Balances⏰

Last updated 1 month ago

1. Access the Payment Section:

  • Launch the Scopuly mobile application on your device.

  • There are two ways to access the payment section: - Directly: Tap on the “Payment” button at the bottom of the home page. - Via Wallet: Tap on the “Wallet” button at the bottom of the home page, then tap “Send” within the wallet section.

2. Select “Mass”:

  • In the “Payment” window, select “Mass”.

  • You’ll be presented with a form to fill out with the Mass Payment details.

3. Complete the Mass Payment Form:

You’ll need to provide the following information:

  • Sender Wallet: Select the wallet from which the Mass Payment will be made.

  • Asset: Choose the Stellar-based asset that you want to send (e.g., XLM, SCOP, or other tokens).

  • Amount: Enter the amount of the asset you want to send to each recipient.

  • Recipient Addresses: Enter the Stellar addresses (Public Keys) of the recipients. These addresses are entered one per line via Enter. Ensure accuracy as this is critical.

  • Memo (Optional): You can include a memo for the Mass Payment. This memo will usually apply to all transactions within the Mass Payment.

  • Payment Type: Choose whether the payments should be sent as: - Payment: Direct transfers to the recipient wallets. - Claimable Balance: Payments that recipients will need to claim (as explained in a separate guide).

Important Calculation Note:

Scopuly will calculate the total amount of assets that will be sent based on the amount per recipient and the number of recipient addresses you’ve entered. Example: If you enter an amount of 50 XLM and 3 recipient addresses, the total amount that will be sent is 150 XLM (50 XLM x 3 recipients). Ensure that your sender wallet has sufficient funds to cover the total amount of the Mass Payment.

5. Review and Double-Check:

Before proceeding, carefully and thoroughly review all the information you’ve entered.

  • Recipient Addresses: This is the most critical step. Double, triple-check the accuracy of each recipient address. Sending assets to an incorrect address is irreversible.

  • Amount: Verify the amount per recipient and the total amount to be sent.

  • Sender Wallet: Confirm that you’ve selected the correct wallet.

  • Asset: Ensure that you’ve chosen the correct asset.

  • Payment Type: Check that you’ve selected the correct payment type (Payment or Claimable Balance).

6. Initiate Mass Payment:

  • If you’re absolutely certain that all the details are correct, tap the “Send (Number)(Asset)” button. For example, if you’re sending 150 XLM, the button display “Send 150 XLM”.

7. Final Confirmation:

  • A final confirmation window will appear, summarizing the key details of the Mass Payment.

  • Review the information one last time.

  • Tap the “Confirm and Send” button to initiate the Mass Payment.

8. Mass Payment Successful:

  • A notification will appear confirming that the Mass Payment has been successfully processed.

  • You might also see a transaction details window, providing information about the Mass Payment transaction.

Crucial Reminders:

  • Address Verification: Always double-check the recipient’s address before sending.

  • Sufficient Funds: Make sure you have enough funds in your wallet.

  • Irreversibility: Remember, cryptocurrency transactions cannot be reversed.

  • Network Fees: Mass Payments will incur Stellar network transaction fees.

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