Need to allocate funds to users in an Additional Wallet, add funds to team members, or distribute Wallet balance in your Company Workspace? This guide explains how to send funds to one user or multiple users, manage wallet allocations, and track balance updates in your Additional Wallet. Whether you're assigning a budget, distributing rewards, or managing team spending limits, follow these steps to allocate funds quickly and securely.
Allocating funds properly ensures controlled spending, organized budgeting, and accurate transaction tracking within your workspace.
💡 Important Note:
- Only Wallet Owners and Admins with "Full Access" can allocate funds to users.
This article includes sections:
- Allocating Funds to Multiple Users in Your Additional Wallet
- Allocating Funds to a Single User in Your Additional Wallet
Here's a step-by-step guide on how to allocate to individual users or multiple users in your Additional Wallet:
Log in to Your Account
- Open your web browser and go to bystadium.com
- Log in using your credentials.
- Once logged in, you will automatically land in your default Company Workspace.
- If needed, you can change your default Workspace anytime from your Account Settings.
For Users With Multiple Workspaces:
Click the drop-down arrow next to your profile name in the top navigation bar.
Select the company Workspace you want to manage.
Navigate to the Wallets Page
-
Expand the Sidebar Menu (if collapsed)
- Click on the left-facing arrow ( ˂ ) at the top-left corner of the sidebar to expand the navigation menu.
(If the menu is already expanded, you can skip this step.)
- Click on the left-facing arrow ( ˂ ) at the top-left corner of the sidebar to expand the navigation menu.
-
Navigate to the Wallets Page
- In the sidebar menu, locate and click on "Wallets" to access your Wallets page.
Locate the Additional Workspace Wallet
- On the options, click on your Additional Workspace Wallet that you wish to access.
Allocating Funds to Multiple Users
Allocating funds to multiple users is ideal when you want to distribute the same amount to multiple users.
Initiate Fund Allocation
- Click on the ALLOCATE FUNDS button.
Select Users
- Use the search bar to locate specific email addresses.
- Tick the checkboxes for the users who need funds.
- Click NEXT to proceed.
Enter Allocated Amount
- Check your current balance to ensure the amount does not exceed the remaining funds.
- Enter the allocation amount for each selected user.
-
Add a note for tracking purposes (e.g., the reason for allocation, name of admin who processed the allocation, etc.).
(Adding a note is optional, but highly suggested if you wish to track who allocated the amount, for what reason, or any other necessary details needed for this allocation)
- Click NEXT to proceed
Review Your Allocation
- Review the allocation details.
- Click SEND FUNDS to finalize the transfer.
Confirmation
- A confirmation message will display a summary of the allocation.
- Click SHOW ALL to see a list of users who received funds.
- Click DONE to close the window.
Allocating Funds to Individual Users
This method is useful when assigning different amounts to specific users.
Choose the User
- Scroll to the Wallet Users section.
- Use the search bar or filters to quickly locate the user you want to allocate funds to.
Initiate Allocation
- Once you find the user, click on the card icon to initiate the funds allocation.
Enter Allocation Amount
- Check your current balance to ensure the amount does not exceed the remaining funds.
- Enter the allocation amount for the selected user.
- Add a note for tracking purposes (e.g., the reason for allocation, name of admin who processed the allocation, etc.).
(Adding a note is optional but highly suggested if you wish to track who allocated the amount, for what reason, or any other necessary details needed for this allocation)
- Click NEXT to proceed.
Review Your Allocation
- Verify the allocation details.
- Click SEND FUNDS to complete the transfer.
Confirmation
- A confirmation message will display a summary of the allocation.
- Click DONE to close the window.
Checking Updated Balance
After confirming the allocation:
- You will be redirected to the Wallet page.
- The remaining balance will be displayed at the top.
- Under Wallet Users, you’ll see the newly allocated amounts for each user.
- The transactions are also recoded in your Additional Wallet's Wallet History section.
Related Article: ✨ How to View and Download Transaction History in an Additional Wallet
Try premium features free for 30 days! After your trial, upgrade to a paid Stadium Package to continue enjoying premium access.
Visit our Pricing Page to explore the details of each Package and choose the one that best suits your needs.
Any question(s)? We're here to help!
Ask us anything via CHAT / FILL OUT OUR CONTACT US FORM:
Comments
0 comments
Please sign in to leave a comment.