How to receive and request payments with LOBSTR?

Modified on Tue, 11 Aug at 3:45 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’;

Website



Mobile



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

Website



Mobile



Alternatively, the sender can scan QR code of your Stellar or federation address to make their payment. 


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

LOBSTR allows you to create a payment QR code with wallet address, asset and amount information pre-filled.


You can share this QR code with another LOBSTR user to save them the hassle of entering the details manually and avoid mistakes.

Follow these steps to create a payment QR code:


- Select the 'Deposit' option in the side menu of LOBSTR mobile app;



- Click on the ' ... ' button in the upper right corner and select the 'Create Payment QR' option;




- Select the asset and enter the amount you'd like to request. The app will generate a QR code with your payment details. 


The wallet address embedded into the QR code will be the one you currently have as 'Active' on the 'Home' screen. Take a screenshot, or click the 'Share' button to share the QR code outside of LOBSTR.






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