An Invoica product · Live with research orgs

Audit-grade payouts
for research panels

One consolidated record per study, per period. Every payment cryptographically signed, tax-compliant, GDPR-clean.

Built onInvoica+AsterPaySEPA Instant · Faster Payments · USDCEU / UK / US compliant

Your CFO doesn't have a payment problem.

They have an audit problem dressed as one.

Most research organizations run finance ops like this:

  • Hundreds of small panellist payouts per study × dozens of active studies
  • N small bank transfers reconciled against M payout obligations
  • Audit asks "prove HCP-A was paid for visit B on date C" — manual lookup, hours
  • Tax compliance scattered across jurisdictions (UK HMRC, EU VAT, US state)
  • Cross-border wire fees + delays eat 5-8% on micro-payouts
  • Panellist bank details touch your systems — GDPR exposure on every flow

You're not running a payment problem. You're running an audit and finance-ops problem dressed as a payment problem.

One audit-ready record per study, per period.

ClinPay replaces hundreds of fragmented payments with a single consolidated record — and lifts tax compliance and panellist anonymity into the same flow.

Your finance team interacts withOne provider, one contract
Each study producesOne mandate + one funded escrow
Each period producesOne reconciliation export + tax line per jurisdiction
Each payout producesOne cryptographic receipt, one audit-trace, one GDPR-clean bank wire

Consolidated reconciliation

One rollup per period instead of hundreds of line items. CSV + PDF audit pack export.

Cryptographic audit trail

Prove who authorized what payment to whom, years later. No third party required.

Tax compliance, jurisdiction-aware

UK HMRC VAT, 27 EU countries, US state sales tax — each line with statute citation.

GDPR-clean anonymity

Panellist IBAN never touches your systems. Sponsor never sees panellist banking.

Four-step lifecycle per study

1

Set up

Sponsor signs one mandate, funds one escrow. Done once per study.

2

Integrate

10-line webhook from your panel platform. Each completion fires a payout.

3

Settle

SEPA Instant (EUR), Faster Payments (GBP), or USD rail. Sub-2 minutes typical.

4

Audit

Daily / weekly / monthly rollup with per-jurisdiction tax totals. CSV + PDF.

Built on two regulated rails

Audit layer

Invoica

Agent-native invoicing + tax compliance middleware. Every payout produces a cryptographically-signed mandate hash and a Deal Receipt anchored on-chain. Audit-grade, regulator-defensible.

invoica.ai →
Payment rail

AsterPay

MiCA-aligned EU payment infrastructure. SEPA Instant, Faster Payments, USDC rails. EU regulated. Panellist anonymity by design.

asterpay.io →

Together: ClinPay.

Transparent pricing

ON-TOP model — sponsor pays the fee, panellist receives 100% of the honorarium. No surprises.

Currency / RailRateFloorCap
EUR · SEPA Instant2%€0.55€5.00
USD · USDC + ACH2%$0.60$5.50
GBP · Faster Payments2%£0.50£4.50
Volume tier: at 50,000 payouts/month, wholesale settlement fee drops €0.05/payout — auto-applied, no renegotiation. Second tier at 200,000+.
Sub-€10 payouts batched daily per panellist (one wire per recipient per day) — industry-standard Cint / Prolific pattern.

Compliance built in

UK HMRC native VAT engine, per-payout statute citation
27 EU countries VAT — reverse-charge for B2B, standard for B2C
US state sales tax — California, Texas, New York, Florida, Washington
GDPR-clean panellist anonymity (IBAN isolation by design)
MiCA-aligned payment processing via AsterPay
PACT v0.3.2 cryptographic mandate signing
Audit-pack export — CSV + PDF for end-client deliverables
On-chain Deal Receipt anchoring (Base mainnet)

Already running real money

2026-05-15

Live €0.50 production cycle settled in real EUR to a real bank account in 90 seconds. Full PACT mandate + Deal Receipt + UK VAT line generated automatically.

Closed PoC with one clinical research organization. Production launch targeted for Q3 2026.

Ready to consolidate your panel payouts?

20-minute walkthrough. Bring your highest-volume study — we'll show you the audit pack it would have generated.

Request a demo