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Simplify Your Business with Batch Payments to Your Recipients’ Bank Accounts

Guy KaplanGuy Kaplan
January 28, 2021

Note: This blog is relevant for customers who use Payoneer to send and receive payments. If you have a Payoneer account for sending payments only, learn how to make batch payments here.

Do you need to pay multiple suppliers, contractors or service providers who don’t yet have a Payoneer account? With Payoneer, our mission is to simplify and streamline the payments process by enabling you to make single payments or batch payments of up to 1000 payments to your recipients’ bank accounts.

To learn more about single payments, click here.

With batch payments, you’ll be able to:

  • Send up to 1000 payments and pay from different balances to different currencies in one file.
  • Set up payment of recurring invoices easily with our user-friendly template.
  • Save precious time and money by managing your payments in one consolidated place according to your needs.
  • Enjoy the same fee and speed as if you were sending a single payment.

Note: Before you make a batch payment, make sure you’ve added your recipients’ bank accounts to your Payoneer account. To add a recipient’s bank account, click here.

How Do Batch Payments Work?

All you need to do is upload a file that lists each individual payment. You’ll have a chance to verify that your payment information is accurate. Submit your file for processing and we’ll do the rest!

Once an individual payment is charged to your balance, you’ll be able to track it in the Transactions page in your account. Payments typically take 1-3 business days to reach each recipient. We’ll also send you an email summarizing all the payments that were charged.

Learn about making batch payments

Make a batch payment now

The content provided in this article including any information relating to pricing, fees, and other charges is accurate and valid only as of the date it was published. In addition, changes in applicable regulations, policies, market conditions, or other relevant factors may impact the accuracy of the mentioned pricing and fees and other associated details. Accordingly, it is further clarified that any information regarding pricing, fees and other charges is subject to changes, and it is your responsibility to ensure you are viewing the most up to date content applicable to you. Payoneer will provide the most up to date and accurate information relating to pricing and fees as part of the account registration process. Registered customers can view this information via their online account.

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