Onchain Payroll / Paymaster
Automate your global corporate payments using decentralized technology. Pay suppliers and personnel in stablecoins in a transparent and compliant manner.
Efficient, Global, and "Gasless" Payments
Leverage the Paymaster standard (EIP-4337) to have SAYT Bank sponsor the transaction costs. This allows your employees to receive payments without the need to hold native network tokens.
Technical Advantages and Compliance
Gas Abstraction (Paymaster)
SAYT sponsors the transaction costs for your payments. Your employees will always receive the net amount in stablecoins, simplifying their experience.
Automated Tax Reporting
Automatic calculation and reporting of all payroll transactions for compliance and ease of use across multiple jurisdictions.
Multi-Signature Treasury (Multi-Sig)
All payroll disbursements are controlled by a corporate multi-signature vault, requiring consent from multiple designated executives for enhanced security.
Integration and Distribution Workflow
HR Data Integration (API)
Secure API connection to import employee payroll data from existing HR systems (e.g., SAP, Workday, Quickbooks).
Stablecoin and Network Policy Definition
Define which stablecoin (e.g., USDC, EURC, CBDCs) and which chain (e.g., Polygon, Ethereum L2s) will be used for disbursements.
Automated On-Chain Disbursement
The system executes a batch transaction via the Paymaster smart contract, sending funds and covering gas in a single, fully auditable step.
Main Use Cases
Global Remote Workforce
Pay full-time remote collaborators and employees worldwide in minutes, bypassing traditional international bank delays and high fees.
Decentralized Autonomous Organizations (DAOs)
Simplify compensation for DAO contributors directly through smart contract management, increasing transparency and governance.