Beginner’s Guide on How to Disburse in OmniX

XLD
3 min readApr 12, 2023

Disbursing payroll distribution in stablecoin and tokens can be a complicated and time-consuming process, especially when it involves multiple wallets and repeated transactions. Varying gas fees that can increase costs, unpredictable transaction speeds, and an inefficient process make it difficult to manage payroll, and may even lead to errors. However, with OmniX, businesses can now easily disburse crypto payments to multiple wallets simultaneously, significantly reducing the cost of repeatable transactions, while improving the efficiency and accuracy of the payroll process.

Through OmniX, you can disburse crypto payments to multiple wallets simultaneously, significantly reducing the cost of repeatable transactions. The platform supports USDT and USDC on Binance Smart Chain (BSC), Ethereum, and Polygon, as well as the ability to disburse ERC-20 tokens, making it easy for you to disburse funds in the cryptocurrency of your choice.

Here is how easy it is to disburse crypto through OmniX.

Disburse To Payroll Groups

Before you can disburse on OmniX, you need to create a Payroll Group first. For a detailed guide on how to create a Payroll Group, please refer to this article.

Once you have your Payroll Group set up, you can proceed with the following steps:

You can also monitor your transactions’ progress and cancel upcoming disbursements from the OmniX dashboard. Additionally, once a disbursement has been completed, your members will receive a notification in their email with the transaction hash.

One-time Payments

With OmniX, making one-time payments is easy with the CSV Disbursement feature. Here’s how it works.

In conclusion, disbursement can be a complex and time-consuming process, but with OmniX, you can simplify the process and disburse funds more efficiently. Sign up with OmniX today and experience the benefits of a streamlined disbursement process for your business!

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About OmniX

OmniX is a simple streamlined payroll payment solution and disbursement management multi-tool. OmniX enables instant cross-chain disbursements in light-speed and automated crypto payments for businesses in a single transaction.

About XLD Finance

XLD Finance is a borderless decentralized ecosystem enabling financial inclusion in emerging economies through fast, simplified, and “bank-like” solutions. XLD Finance eliminates the complexities of traditional financial models by providing Web3 solutions in the form of blockchain-based SDKs, APIs, and widgets. XLD Finance products are multi-chain and compatible with multiple stablecoins and tokens.

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XLD

XLD is accelerating the future of the digital economy by building efficient, inclusive, and secure on-chain financial tools for organizations and users alike.