splits

Introducing: Compliant Payments 

Make onchain payments while complying with US tax regulations.

This means collecting W-8/W-9 forms, making payments, and then issuing 1099-NEC forms for both you and your recipients.

Here's a 4min demo of this new feature, releasing soon!

https://warpcast.com/v/0x4d34c646

Update on /splits Compliant Payments:

We've integrated Persona in our new recipient KYC flow.

In the future, this will allow:
- recipients to share their KYC with Bridge to receive compliant payments directly into their bank account
- payers to perform additional ID verifications to ensure accurate taxpayer information

Update on /splits Compliant Payments:

We've integrated Persona in our new recipient KYC flow.

In the future, this will allow:
- recipients to share their KYC with Bridge to receive compliant payments directly into their bank account
- payers to perform additional ID verifications to ensure accurate taxpayer information

https://farcaster.xyz/jonathan/0xba31b176

Today, this gives us secure, compliant, and accurate PII collection.

Again, if you're interested in paying your contractors/grantees/recipients on-chain, and need to collect/issue US tax documents, reach out!