Scheduling outbound payments

Loop unlocks payment scheduling. You can avoid the hassle of remembering to pay an invoice or contributor on a specific date, initiating transactions, and coordinating signers month after month.

With Loop, you can schedule payments, whether one time or recurring.

Steps

To configure an outbound payment, follow the instructions below. You can also refer to this video.

In order to set up an outbound payment, you will first need to authorize a wallet to send funds. To do this, navigate to the "Authorized wallets" page where you can set the allowance for the wallet you want to pay with. Click "Add wallet." The allowance modal will appear allowing you to set a spend allowance for your non-custodial wallet.

Once you've seet your allowance, head to the "Pay" page to configure the payment. You can set up a one-time payment or configure multiple recurring dates. Select the authorized wallet as the sender and then enter one or many wallets for disbursement.