Mass Payments
Last updated
Last updated
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.
In the “Payment” window, select “Mass”.
You’ll be presented with a form to fill out with the Mass Payment details.
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).
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.
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).
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”.
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.
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.
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.