Maximize Efficiency in Crypto Payments with OmniX’s Automated Disbursements and Batch Uploads

XLD
3 min readMay 12, 2023

With the adoption of cryptocurrency as a form of payment, there is a growing need for reliable platforms to handle multi-chain transactions. OmniX provides businesses with an efficient and cost-effective way to disburse cryptocurrency through its optimized smart contracts, automated receiver management, and compatibility with both custodial and non-custodial wallets. By eliminating the need for 1:1 transactions, businesses can process up to three disbursements simultaneously, significantly reducing the cost of large transactions. With a user-friendly interface and enhanced features, the platform offers a fresh new look that improves the overall user experience for businesses.

Batch Upload

OmniX’s Batch Upload feature allows businesses to process multiple transactions simultaneously, reducing the time and effort needed to transfer cryptocurrency to multiple wallets. There are no set limits for the number of transactions in a Batch Upload, providing businesses with the flexibility to disburse to as many recipients as needed. While the transaction speed may vary based on the number of wallet addresses for disbursement, businesses can still expect optimized smart contracts for fast and secure transactions. Note that future batch upload scheduling will be available soon.

Disbursements

OmniX supports disbursements to wallets that are compatible with the Ethereum, Binance, and Polygon blockchain networks. Businesses can use popular wallets such as Metamask, Fireblocks, Cybavo, and Gnosis for their disbursements, providing them with a wide range of wallet options to choose from. With support for both custodial and non-custodial wallets, businesses can securely transfer cryptocurrency without worrying about the safety of their funds.

Ronin Disbursements

OmniX’s Ronin Disbursement feature allows businesses to easily disburse cryptocurrency to XLD’s Ronin wallet address. Overpaid disbursements to XLD’s Ronin wallet address will still be sent to the intended recipient, saving businesses the hassle of requesting a refund. In case of insufficient payment, disbursements will automatically fail, and businesses can easily request a refund through support@omnix.finance.

Transaction History

Businesses can keep track of their recent disbursements through OmniX’s Transaction History feature. By downloading itemized CSV reports of their transaction history, businesses can have a clear and organized record of their cryptocurrency transfers. The platform also allows businesses to view the status of partially incomplete disbursements, providing them with a transparent and reliable way to monitor their transactions.

With optimized smart contracts, automated receiver management, and a user-friendly interface, businesses can securely disburse cryptocurrency to multiple wallets simultaneously. The platform’s Batch Upload and Transaction History features provide additional convenience and transparency. As the popularity of cryptocurrency continues to grow, OmniX offers businesses a streamlined approach to crypto payment processing.

Sign up now at omnix.finance to experience the benefits of OmniX 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.