How to pay employees in gold through Goldmoney

This is a "How To" guide on how to pay your employees with gold through Goldmoney Business tools.

Pay employees in gold you say? This is possible???? Oh yes it is :https://steemit.com/goldmoney/@goldmatters/goldmoney-big-announcement

But surely no company does this right? Its crazy!

Oh yes they do and oh no its not: https://steemit.com/goldmoney/@goldmatters/the-goldmoney-army

Lets take a quick journey together and find out exactly how to do this......

After you (the employer) have signed up for a Goldmoney Business Account, which you can do here: Goldmoney.com/r/6lfQRK

Create your business account: https://support.goldmoney.com/customer/en/portal/articles/2310434-create-your-business-account

First: link a funding source, get confirmed, and make a deposit

Now you are ready to create a payout

Hit the horizontal bars to the left of "overview"

Select "Payouts" from the dropdown

Select "Create Payout"

Fill in "Payout Details" portion:
-Create a "label" to identify your payout
-Choose "currency"
-Select either "one time" or "recurring" payout
-Pick a start date from the drop down to begin the payouts
-Choose the frequency of the payouts (if using recurring payout )
-Choose the vault from which you will make the payouts ( make sure it has funds to cover the payouts )

Select "Next"

Add recipients to your Payout manually by clicking the "+" button in the top right corner, or by selecting Upload CSV.

This is what sample csv should look like:

For adding manually:
-Click the + button
-Enter the name, payment amount, tax ID (optional), and e-mail address or phone number of recipient
*Recipients (in this case employees) must have a Goldmoney Personal account.
The e-mail or phone number entered in the payout platform should be the one linked to the recipient's personal account. They can open an account in less than 5 minutes here: http://Goldmoney.com/r/6lfQRK

Select "add recipient"

Continue to add recipients as needed for your payout by repeating the previous step.
Select "save payout" when finished adding recipients (Top right corner of the screen)

Select the saved payout under "current payouts"

Click on the right arrow next to "payout is paused" under "payout details" in order to resume the payout (this activates the payout)

Click the back button to get back to the payout overview

Your payout is active and you are set!

Make sure to keep the vault you are using funded with gold for recurring gold payouts.

It is very easy to do this. Sign up for your personal account, http://Goldmoney.com/r/6lfQRK and then tell your employer how they can do this!

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For a free Goldmoney Mastercard you can load from your Goldmoney account start here: http://Goldmoney.com/r/6lfQRK

The views and opinions in this article are those of the author(s), do not reflect the views and opinions of Goldmoney, and are not advice.