Smart Transfers
Leverage the power of Programmable Payments
Last updated
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Leverage the power of Programmable Payments
Last updated
Was this helpful?
Smart Transfers provide real-time, automated payment processing capabilities that offer innovative methods for designing payment solutions. This feature caters to various agreements and interactions between different parties, making it ideal for managing payrolls, pay-per-use models, micropayments, and advanced contractual agreements.
Pulsar Money is the go-to solution for managing these type of agreements, freelancers services, and contractors work. Your employer can seamlessly implement pay-per-second, pay-per-use, and other customized payment models for you!
Navigate to the Smart Transfers page and click on “Create.”
Cliff Release Amount: Specify the percentage of the total amount to be released upon the first payment.
Vesting Transfer Release Frequency: Set the rate at which the amount is released. Options include every second, minute, day, week, month, bi-monthly, quarterly, or yearly.
Stream Options: Choose to create a stream that is either cancellable or immutable. Refer to the FAQ section for examples.
if a stream is cancelled, the following scenarios apply:
Before the start time: The entire deposit amount is returned in full.
During the streaming process: The Smart Contract calculates the amount that has been streamed and returns the unstreamed portion.
Pick as many recipients as needed or import a .csv file with the recipients.
Check the agree-to-terms box and send your smart transfer!
Schedule and automate on-chain transfers, including recurring payments, batch transfers, and conditional transfers based on predefined criteria that you can express in a vesting payment.
Utilizes smart contract technology to ensure high levels of transparency. Everything is being recorded on-chain and you can validate the exact tx that have been performed.
Customize transfers with various parameters such as time schedules, conditions for execution, and recipient details.
Track the status of your transfers in real-time with detailed information and updates directly on the Pulsar Money explorer.
• Simplifies payroll processes, making the distinct transfer action paperless and seamless
• Saves time and money with automated payment scheduling
• Ensures transparency and efficiency in payroll management while everything is recorded on the open blockchain ledger
• Provides a clear and transparent payment process where they can track real time the funds allocated to them, the funds claimed and all further parameters having an outlook on the future
• Offers flexibility in receiving payments based on predefined agreements
• Ensures timely and accurate compensation for services rendered as the transfers can be done thorugh micro payments even on a pay second basis
Smart transfers are live on MultiversX and they're coming soon on Starknet.
