Category
  • Payments
  • Remittances
Use Cases
  • B2B Payments
  • Cross-Chain Transfers
  • Payouts and Payroll
Circle Products Used
  • USDC
Blockchains Supported
  • Arbitrum
  • Base
  • Solana
On/Off-Ramps
  • Yes
Platform
  • Web
Free/Paid
  • Paid
Region
  • Middle East and Africa
Country
  • Kenya
  • Nigeria
  • United Arab Emirates
Support
Israel Rex

Automate global team payroll with stablecoin-based salary.

Paynest lets onchain businesses schedule, stream, and automate salaries in USDC to usernames with instant settlements and receipts.

Paynest offers everything you need to run payroll onchain - scheduling, streaming, and transparent records - so you never miss a payday or lose track of a transaction.

Use Cases

Usernames

Avoid wallet address errors - no more copying long strings of characters or risking sending funds to the wrong address. Use human-readable usernames like @jaycode or @john instead of crypto addresses. Link multiple wallets to one username, for flexibility and easy management. Streamline payroll setup - when scheduling or streaming payments, employers can simply type a username, and Paynest automatically routes funds to the correct wallet. Maintain privacy and consistency - even if an employee changes their wallet, their username remains the same, keeping payroll records intact.

Schedule Payroll

Schedule payrolls ahead of time (either one-time or recurring). Specify payment details such as employee or contractor username, amount, and payment date. Automate execution: Paynest automatically triggers the transaction at the scheduled time. Provide transparency with automated receipts for each payment, ensuring both the company and recipient have clear records. Reduce errors and delays, eliminating the need for manual transfers every month.

Stream Payroll

Stream payments continuously (e.g., per second, per hour, or per day) instead of sending lump-sum salaries. Ensure instant visibility - both the sender and recipient can see how much has been earned and what remains in real time. Improve financial flexibility - employees can withdraw their earned balance anytime instead of waiting for a fixed payday. Enhance transparency with onchain records and automatic receipts for every stream update. Reduce payroll friction - no need to set up recurring payments or worry about missed transfers; once started, the stream runs automatically.

Invoicing

For Companies & Teams • Internal payroll invoicing: Departments or team leads can raise invoices for budget allocations, reimbursements, or inter-team payments. • On-chain tracking: Every invoice is recorded onchain, providing a verifiable history of what’s paid, pending, or overdue. • Instant payment confirmation: Once a payment is made, both parties automatically receive a digital receipt. For Contractors & Freelancers • Send invoices directly to client companies - include details like hours worked, deliverables. • Receive payments in stablecoins with transparent onchain confirmation and no middlemen. • Eliminate delays - invoices can be settled instantly or scheduled for payment. • Keep a record - both the contractor and the company have an immutable, timestamped invoice history for accounting and audits.

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