Paying participants outside of Ethnio? You can click the Record External Payment option from Incentives and add records of your external payments into Ethnio for tracking. This can be super helpful with managing limits for participants, filtering in Pool, and building your participant database records.
Note: this does not send money, only records payments for tracking purposes.
Records can only be made in USD for the the time being, so if you're issuing global incentives and want to record that in Ethnio you could convert the amount issued into USD and add them in the usual way.
There are 3 easy steps to recording external payments:
- Step 1: Select and verify your recipients
- Step 2: Define the amounts - was everyone paid the same or different amounts?
- Step 3: Submit these records into Ethnio
Everything can then be tracked from Incentives >> Activity with a dropdown in the top right:
If you have calendar year tax limits for how much a single participants can receive in external payments, you can setup a separate limit from the yearly Ethnio Rewards limit. This is in Activity >> Limits:
If you're using the Ethnio Pool, keep in mind any recorded external payments will automatically map to existing Pool members additively. You can also use three different filters to segment participants by external payments: