How to receive and request payments with LOBSTR?

Modified on Wed, 20 Nov at 3:39 PM

There are several 'receive' options that can be found on the 'Receive' page of the LOBSTR website and the 'Deposit' > 'Receive' screen on the LOBSTR mobile apps.


You can receive funds by:


- sharing your federation address. The federation address is set by the user when creating a Stellar wallet and typically looks similar to ‘username*lobstr.co’;

 

- sharing your Stellar address. It's a 56-character string starting with “G”, which is generated automatically when creating a wallet.

Alternatively, the sender can scan the QR code above the 'Receive' options on each of the two tabs.


Please note that before receiving a Stellar asset, you need to add this asset on the 'Home' screen on mobile apps or the 'Assets' screen on the web. When adding each new asset (establishing a trustline), the reserved balance of your wallet increases by 0.5 XLM. 


Learn more about the reserved Stellar wallet balance here.


Note: Memo is not required to receive funds on LOBSTR since LOBSTR provides unique addresses for all our users. If the service you use to send a transaction requires you to indicate the memo, you can safely enter just 'Lobstr' there.


Requesting payments with LOBSTR

You can also request a payment from another person. The request can be made using the following steps:


- Click the 'Request Money' button on the Receive page;



- In the opened pop-up, specify the recipient's email address, requested amount, and message (if needed) and click on the 'Request' button;



Done! The recipient will get the email with the details of your request in seconds. 

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