Payroll

Set up scheduled payments for your team with ease. Before you proceed, ensure that your team members have a Shakesco Auto Wallet. If they don’t, kindly ask them to create one.

Get Started

After opening your Business Card Wallet and returning to the home screen, navigate to the “Transact” tab. You’ll see several options. Under the “Business to Business” category, click “Team.” A pop-up like the one below should appear:

Create wallet

Choose Ethereum or Polygon depending on the Card you selected when opening your Business Card Wallet.

Team Member

After selecting the Business Card Wallet you want to access, the following options will appear:

Create wallet

Choose whether to pay an Employee or an Executive.

  • For Ethereum, select the asset you wish to use for payment and proceed to select the payee.
  • For Polygon, the options below will appear:
Create wallet

Soulbound Tokens

Soulbound Tokens (SBTs) are digital collectibles that cannot be transferred once received. Think of them as on-chain proof that your team member is associated with your business. Even if they leave your organization, they can still prove they worked for your company.

  • With NFTs: Send a collectible that will permanently remain in their wallet alongside the payment.
  • Without NFTs: Only send the payment without issuing an SBT.

With NFTs

If you choose “With NFTs,” you’ll see the page below. Select the collectible you want to send, then proceed to schedule the payment.

Create wallet Create wallet

Without NFTs

If you choose “Without NFTs,” the page below will appear. Select the asset you wish to send, then proceed to schedule the payment period.

Create wallet Create wallet

Select Payee

Choose your team member by asking for their Email, ENS Name, or Shakesco Username (.sns). Alternatively, if they’re with you, simply scan their wallet’s Receive QR code.

Create wallet Create wallet

Choose Amount

Enter the amount you wish to send to your team member regularly. Note the fee, which is charged for every successful transaction.

Create wallet

Start and Intervals

Finally, select the date when you want payments to start. Payments will automatically begin on the selected date.

Next, choose the payment interval—whether weekly, monthly, or custom days.

Proceed with 2FA and enter your PIN.

Create wallet

Congratulations!🎊

You’ve successfully set up scheduled payments for your team!

If you encounter any issues, don’t hesitate to contact us immediately.