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What HR, finance, and procurement teams ask before placing a bulk order through GIFQ.
Talk to the GIFQ team →Azteco calculates the bitcoin value using the market price at time of purchase, then deducts a 10% commission before crediting the recipient's wallet. For a $100 voucher, the recipient receives bitcoin worth approximately $90 at that moment's market rate. Communicate this clearly in your reward messaging to set accurate expectations.
The 30-day expiry window runs from the date of issue, not from the date you distribute to recipients. For bulk orders, that means vouchers sent in a batch on day one give late recipients fewer days to redeem. Plan distribution to minimize the gap between order date and recipient delivery.
Recipients need a Lightning Network-compatible Bitcoin wallet installed on their device — examples include Wallet of Satoshi, Muun, or Phoenix. They scan the QR code included with the voucher, and the bitcoin amount is credited near-instantly. Recipients with no existing Lightning wallet will need to set one up before redeeming.
Lightning vouchers settle faster and carry lower network fees than standard on-chain Bitcoin transfers, making them more practical for smaller denominations in the $1–$50 range. The tradeoff is that recipients must use a Lightning-compatible wallet specifically, which narrows the eligible recipient pool compared to standard on-chain options. For crypto-savvy audiences the Lightning variant is the better UX; for general employees who are new to Bitcoin, on-chain may be more forgiving.
On GIFQ, the Azteco Bitcoin Voucher – Lightning USD is currently available for US recipients only. If your reward program includes international contractors or global employees, this product does not cover those recipients in its current configuration. Check GIFQ's catalog for other crypto or prepaid payout options with broader country coverage.
Azteco Lightning works well for research panel incentives, hackathon prizes, and rewards targeting crypto-engaged audiences who already have a Lightning wallet and will act within 30 days. It is a weaker fit for broad employee recognition programs where recipients are unfamiliar with cryptocurrency or where reward delivery timelines are unpredictable. The $1–$1,000 denomination range supports both micro-incentives and larger individual payouts.
Azteco is a Bitcoin onboarding product designed to make cryptocurrency accessible without requiring recipients to navigate exchanges, create accounts, or manage private keys during the purchase step. The Lightning variant uses the Bitcoin Lightning Network, enabling near-instant settlement with lower transaction overhead compared to on-chain transfers. Recipients redeem by scanning a QR code with any compatible Lightning wallet, receiving the bitcoin value calculated at the market price at time of purchase. A 10% commission fee is built into the voucher price, so the recipient receives bitcoin net of that charge — something reward senders should communicate clearly. The denomination range of $1 to $1,000 USD gives program managers flexibility for micro-incentives, survey panel payouts, contractor bonuses, or crypto-native employee rewards. Currently available for US recipients only on GIFQ. The 30-day expiry from issue date is strict and shorter than most gift card products, making Azteco Lightning a poor fit for programs where recipients may take weeks to act. It is best deployed in time-sensitive, high-engagement reward contexts — research panels with immediate send, hackathon prizes, or crypto-focused incentive programs where recipients are already wallet-ready and motivated to redeem quickly.
From Amazon to Zalando — find the right gift card brands for your rewards, incentives, and payout programs.
Whether you’re paying people out or giving them rewards worth staying for, GIFQ is the layer that handles it, under your brand and without the integration headache. Create an account and send a test payout in a few minutes, or talk it through with one of us directly.
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Global gift card infrastructure for modern businesses. Access to an extensive gift card catalog, payouts, distribution, and everything in between.
