Easily send Bitcoin, Ethereum and other cryptocurrency to your partners, affiliates, pay salaries to your employees. Instantly send crypto to multiple recipients simultaneously. Manage all in Dashboard or via API.
Calypso Pay payouts come in two types: Single payout and Mass payout. There is also specific model of payouts – Payroll.
One-time payment to a contractor, such as compensation for traffic, or to pay a specific employee's salary.
With the Mass Payout option merchants can automate their payments by uploading a registry of addresses for seamless processing.
With the Payroll option, accountants can efficiently make salary payments to multiple employees in one action, schedule payments, easy update employer wallets addresses and manage all throw admin panel.
With the role-based model, you can add extra confirmation steps for payouts by your team manager.
Send bitcoin instantly or choose a future date for the transaction.
Payout statuses are always clear and available via API or Merchants Account. Statuses include "Created", "In Progress", "Completed", "Cancelled", and more.
Have all in one plate with Merchants Dashboard. Check payments history. Create crypto payouts address book, add addresses to the whitelist for expedited payouts. Upload CSV or XLSX for mass payouts. Do payment confirmation. Make reports.
In Calypso Pay, verify blockchain addresses on-the-go for existence and sanctions.
Specify the address for fund withdrawals to prevent withdrawals to any other addresses.
Pay the fee in the same currency you're sending. Choose to pay on top or deduct from the amount sent.
In our payment system, you don’t need a base currency to make a transaction. For instance, you don’t need TRX to send USDC TRC20.
Money is transferred between Calypso Pay accounts without any fee.
Our service is completely transparent with no hidden fees. Additionally, we do not charge any fees for document verification (KYT).
A business crypto payout is the process of sending cryptocurrency to recipients, such as employees, vendors, or customers, as payment for services, goods, or other obligations. Basically, it's a sending bitcoin from one address to another.
To send crypto payouts as a business, you first need a payment gateway provider like Calypso Pay. Ensure your account balance has sufficient funds. Then, choose between single or mass payout options, select recipients, pick the cryptocurrency, specify amounts, and confirm the transaction via the dashboard or API.
Sending crypto can be taxable depending on your country's regulations. It may be subject to capital gains tax, or treated as income if used for payments. Always consult local tax authorities or a tax professional to ensure compliance.
The time to send crypto depends on the network and the type of cryptocurrency. Bitcoin can take 10 minutes to an hour, while Ethereum and other networks may process transactions in seconds to minutes. Network congestion also affects timing.
Calypso Pay executes merchant's payouts instantly so it only depends on blockchain computing.
To send a Mass Payout, go to the dedicated "Payouts" section in your Calypso Pay account interface or set it via API. In the Merchants Dashboard a user has an option to add recipient addresses by either uploading a CSV file with pre-filled data or manually entering the values into the provided table.
Crypto can be a viable solution for payouts and payrolls due to its speed, lower transaction fees, and ability to facilitate cross-border payments. It also provides flexibility in payment options. However, businesses should consider regulatory compliance, market volatility, and the need for employees to have crypto wallets.
Calypso Pay may at its own discretion restrict the applicability of certain tokens and/or stablecoins in accordance with virtual currencies and/or securities legislation and regulations of Canadian authorities.
By using this website, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Check our Cookie Policy for more information.
