General requirements to prepare for integration

Mass Payouts Flow from Partner Dashboard (CSV File)

Mass Payouts Flow via Mass Payouts API

FAQ Mass Payouts

  1. Can I use all 300+ cryptocurrencies you support?

Yes, you can

  1. Are there limits? On sums, number of payout addresses?

No, there aren’t.

  1. Are there fiat payouts?

Right now we don’t offer mass payouts in fiat, but you can withdraw from your Custody to a bank account of yours via our third-party provider, Transfi, after undergoing their KYB procedure.

  1. Fees for payouts?
    1. 0% service fee! Just 1 network fee
    2. for deposits, we have a service fee of 0.5% for mono-payments (e.g BTC-to-BTC) and 1% for multi-currency payments (e.g. BTC-to-USDT)
  2. Ways (e.g., bank transfer) and currencies (incl. crypto/coins – e.g. USDT) for deposits?
    1. crypto (300+currencies)
    2. fiat onramp (20+ currencies, more info here), which includes Visa, Mastercard, GooglePay and more.
  3. Whole cycle with full fees calculation from deposit to payout
    1. User sends payment (deposit) to a one-time dynamic deposit address. Fees: user pays network fee (by blockchain, not NOWPayments)
    2. NOWPayments processes the transaction. Fees: partner pays service fee (0.5% or 1% if exchange is needed) AND partner pays network fee
    3. The funds are on your Custody (internal wallet). You need to enable it.
    4. Partner sends payouts. Fees: 1 network fee per payouts. 0 service fees.
    5. Enable additional features
      • Fixed rate
      • Fee paid by user
      • Network fee optimization
      • Payment markup
      • Payment covering
      • Extra deposits auto processing
      • My team
  4. Example of real payment and payout cycle with fees
    1. user pays 100 USDT TRX
      1. we assume that network fee is 1 USDT. NB! network fee can be much bigger or less, depending on the market
    2. NOWPayments receives 99 USDT TRX
      1. we assume that merchant balance is USDT TRX also
      2. we assume that network fee is 1 USDT. NB! network fee can be much bigger or less, depending on the market
    3. NOWPayments processes the transaction. NOWPayments sends funds to Partner's Custody minus service fee (0.5%) and network fee
      1. 99 - 1 - 0.99/2=97.505 USDT - is what Partner gets on their Custody
      2. if you use fee paid by user feature, the fees above will be covered by user but
        1. service fee will be 1%
        2. If you need to get $100, user will have to deposit at least $104 to cover service fee (1% = 2 USDT + 2 network fees)
    4. Assume, Partner makes then 2 payouts, 5 USDT TRX each
      1. 97.505 USDT - 5 USDT (payout) -1 USDT (network fee) = 91.505 USDT
      2. 91.505 USDT - 5 USDT (payout number 2) - 1 USDT (network fee) = 85.505 USDT
    5. Partner Balance will be 85.505 USDT
  5. Do you have an API for mass payouts?

Yes. Please check our guide!

  1. Example of API response for withdrawals?
{
"id":"123456789",
"batch_withdrawal_id":"987654321",
"status":"CREATING",
"error":null,
"currency":"usdttrc20",
"amount":"50",
"address":"address",
"fee":null,
"extra_id":null,
"hash":null,
"ipn_callback_url":"callback_url",
"created_at":"2023-07-27T15:29:40.803Z",
"requested_at":null,
"updated_at":null
}
  1. Which cryptocurrencies (BTC, USDT, …) do you support for users to pay with?
    1. 300+ currencies, you can check available ones here. This includes popular ones (BTC, ETH, XRP), stablecoins (USDT, USDC, DAI, TUSD), memecoins (SHIB, DOGE), privacy ones (ZEC, XMR), low-fee ones (Solana, nano) and many more.
  2. How long does it take to integrate? What is the step-by-step process?
    1. Check our guide for a step-by-step process.
    2. with dev resources available on your side, API integration shouldn’t take more than a couple of days
    3. to start integrating, you need to sign up, add your wallet and create an API key - this takes under 2 minutes.