Request Finance is an all-in-one finance web application for companies, contractors, and DAOs to easily manage crypto and fiat invoices, bills, salaries, and expenses in a fast, non-custodial, and compliant way.
Request Finance launched in 2020 with a crypto invoicing tool built for enterprises. According to the company, thousands of Web3 companies like:
- Aave
- Ledger
- OpenZeppelin
- NEAR
- Decentraland
- TAIKAI
- DappLooker
- MakerDAO
- ChainStack
- The Sandbox, and
- Fantom
among others
now manage their crypto invoices utilizing their system.
In addition to invoices, Request covers a range of features to support companies in managing their finances in crypto and fiat, including the ability to pay salaries, bonuses, and token vestings to your team.
Companies have the option to pay their employees in various cryptocurrencies including:
- DAI
- ETH, and
- USDC
Request supports over 200 crypto wallets
In this guide, we’ll walk you through the steps of using Request Finance to manage your crypto payroll seamlessly and make payments using USDC.
1.) Set Up a Crypto Wallet
Both employer and employee should have a digital wallet supporting USDC.
Request Finance is compatible with top crypto wallets, ensuring smooth operations regardless of the number of wallets in use.
Some of the wallets you could use include:
- MetaMask
- Coinbase Wallet
- Ledger
2.) Integrate Request Finance for Payroll Management
Once your wallet is loaded with USDC, the subsequent step involves integrating with Request Finance to streamline payroll processes.
To begin, access the Request Finance dashboard and locate the ‘Connect‘ button. Click on it, and from the drop-down menu, choose the wallet you intend to utilize.
Subsequently, a popup window will appear, prompting you to confirm the connection.
3.) Input Employee Information
In the payroll section, you have the option to initiate a one-off payment or establish a recurring schedule.
Start by entering the payment amount in USDC and selecting the equivalent fiat currency for record-keeping purposes. Then, provide the required employee details and wallet addresses.
4.) Execute Payments
Once all preparations are complete, the payments can be dispatched within seconds.
The transfer of USDC from your wallet to the employee’s wallet occurs almost instantly, says the company.
Utilizing Request Finance to distribute salaries in USDC can streamline your workflow, allowing you to focus your time and energy on advancing your business.
By adhering to this guide, you can effortlessly execute large-scale cryptocurrency payments in a matter of moments.
