Introducing myPaymail payees

Today we’re glad to announce our latest update: myPaymail payees. This new feature allows users to create a Paymail handle to pay multiple recipients in a single transaction.

The technical bits

So far, the Paymail protocol has been limited to returning a single output. Since the introduction of the new peer-to-peer Paymail specification, we can return multiple outputs when a payment destination is requested. Returning multiple outputs opens up new use cases, such as:

  • Paying royalties automatically when you sell a product.
  • Saving a bit of money in a separate wallet when you receive income.
  • Paying taxes such as VAT or GST in real time.
  • Paying debt every time you earn revenue.

Updates to our interface

To support these new use cases, we’ve introduced a series of changes to myPaymail. Note that having multiple payees is an optional feature, and it is backwards compatible with the existing functionality.

The way to enable multiple payees is to edit an existing Paymail:

You’ll now see that there is a new button to add additional payees:

Adding new payees works if the sending wallet supports peer-to-peer transactions. To make sure no money gets lost if this is not the case, we have added the concept of primary payment destination to let you specify the handle that will receive 100% of the transferred amount if the sending wallet does not support peer-to-peer payments. You’ll need to provide a Paymail handle and what percentage of the total amount will be transferred to each payee. The primary payment destination will receive the rest of the amount minus fees.

In the following example, Paymail tech and myPaymail demo 2, will receive 15% and 25% of the total amount respectively, and myPaymail demo 1 (the primary payment destination) will receive 60% of the total amount minus fees (0.1% of the total amount only charged if peer-to-peer payments are supported by the sending wallet):

Finally, just submit and confirm the changes:

Once a Paymail handle has multiple payees associated, you’ll see the “others” link on its Paymail card:

And from the transactions view, you’ll be able to inspect the amounts that were sent to each payee:

That’s all! We hope you find this new feature useful. And as usual, we’d like to hear your thoughts on the platform, so do not hesitate to get in touch.