Bulk payments

Businesses use bulk payments to save time, reduce administrative workload, and improve accuracy when sending multiple payments at once. Instead of processing transactions individually, companies can make supplier payments, pay employees, or partners in a single payment files upload, making bulk payments ideal for paying staff (payroll), supplier invoices, and international transfers.

With Equals Money's mass payments tech, you can send up to 10,000 domestic or foreign currency payments in a single batch. Breeze through payroll and manage large-scale payments and transfers such as supplier payments or recurring pay-outs across multiple currencies, reducing financial admin and the need for manual entry.

The terms “batch payment” and “bulk payment” are often used interchangeably. Both describe a process where multiple payments are grouped together in a bulk list and processed in one go.

To make a bulk payment with Equals Money, simply prepare a payment file using our downloadable template, including all required payee details, payment date, and other necessary information. Then, upload your bulk list payment file through our platform, review the confirmation page, and approve the transaction.

Please review your payment details carefully. For bulk payments, we cannot verify Confirmation of Payee — i.e., whether the entered payee details match the receiving bank account details ("Confirmation of Payee" checks).

For full payment instructions, please refer to our walkthrough.