Bulk Payments
The term bulk payments signifies one action in which a company pays multiple beneficiaries through one payment initiation. A user can pay multiple accounts through only one payment. This type of payment supports both single and joint signatures. Business-wise, this solution simplifies the process reducing it to only one disbursement, thus, saving time and paperwork.
The following types of files are accepted by the system:
txtcsvxlsxlxs.
Other extensions, such as .png or .jpeg, are not accepted.
IMPORTANT!
The date mentioned in the file must be the current date or a date subsequent to the current date. Otherwise, the file is not accepted.
The date mentioned in the file must be the current date or a date subsequent to the current date. Otherwise, the file is not accepted.