Payments

Multi-Approver Payments

Multi-Party Authorization

Require multiple approvers for high-value transactions. Prevent unauthorized transfers, enforce corporate approval policies on-chain, and maintain clear audit trails.

COINBAX CONTROLS PaymentQueued Multi-SigAuth 1 Multi-SigAuth 2 ApprovalGate Quorum Met? FundsReleased
View Scenario

Coinbax Controls Used

This template leverages the following programmable controls to create a secure, compliant payment flow.

Multi-Sig Auth 1

Multi-Party Auth

First authorized signer confirms

Multi-Sig Auth 2

Multi-Party Auth

Second authorized signer confirms

Approval Gate

Multi-Party Auth

Quorum: require all signers before release

Use Case Example

Scenario

Corporate Treasury Dual-Control Disbursement

PROTECTED BY COINBAX PaymentQueued CFO Notified CFO Approves ControllerApproves Quorum Met? FundsReleased

The Challenge

A manufacturing company requires CFO and Controller approval for any payment over $100,000. Manual email chains and phone calls create 2-3 day delays on urgent vendor payments.

The Solution

This template enforces dual-signature requirements on-chain. Both executives receive mobile notifications, approve with biometric authentication, and the payment releases instantly once both signatures are collected.

Result: Approval time reduced from 3 days to 4 hours, audit trail automated

Ideal For

Corporate Payments

Enforce dual control and segregation of duties for corporate disbursements, vendor payments, and intercompany transfers.

Treasury Operations

Secure treasury workflows with multi-level approvals for large transfers, investments, and liquidity management.

High-Value Transfers

Add extra protection for high-value transactions with tiered approval thresholds based on amount.

Institutional Clients

Meet fiduciary requirements for institutional investors, funds, and asset managers with documented approval chains.

Ready to implement Multi-Approver Payments?

Talk to our team about customizing this template for your specific payment workflows.

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