Bulk Payment Services: The Smarter Way to Pay Teams, Vendors, and More

Businesses working with contractors, vendors, or global partners eventually hit the same wall: sending money manually and individually makes it difficult to scale. It’s time-consuming, error-prone, and expensive.

Bulk payment services are the solution. They let you move money to multiple recipients in a single transaction, allowing businesses to save time, reduce customer costs, and improve cash flow management. We'll also talk about your access to BatchTransfer. Signing up to Wise Business allows access to BatchTransfer which you can use to pay multiple invoices in one go.

What Is a Bulk Payment?

Bulk payments are a way to send multiple payments in one go instead of processing them one at a time. Also called bulk payouts, bulk transactions, or mass payments, they’re built for businesses that need to pay more than one person (or company) quickly and efficiently.

For payroll, vendor invoices, affiliate commissions, and customer refunds, bulk payment services streamline the process. You upload a list of who needs to be paid, the system runs through the approvals, and all the money goes out simultaneously.

Most bulk payment solutions include approval flows, audit trails, and real-time reporting, to give businesses oversight into cash flow and payments.

Advantages of Bulk Payments

Bulk payments become a smarter, more scalable option as your business grows. Instead of juggling dozens of tabs and transfers, you handle everything in one clean run.

Less Admin, More Time

Bulk payment services cut hours of manual work into minutes, so your team can spend less time processing and more time growing. Some companies report a 90% reduction in processing times after switching to bulk payments.¹

Fewer Errors

Bulk payment tools automate the entire workflow, minimizing the risk of errors. This results in fewer errors, better visibility, and an easier reconciliation process.

Better Cash Flow Control

Bulk payments let you schedule everything in advance, making your outflows predictable and easy to track.

Stronger Relationships

Late or inconsistent payments can quickly erode trust. Bulk payment services help you stay consistent with vendors, contractors, and employees by delivering accurate payments on time, every time.

Top 5 Services for Making Bulk Payments

Finding the right bulk payment solution depends on how your business pays vendors, contractors, or employees. Some platforms have global reach, while others are ideal for domestic batch runs or built-in compliance.

Here’s a breakdown of the top platforms for bulk payment services so you can pick one that fits your flow.

Save Time and Money On Overseas Payments With Wise Business

Wise Business can help you save big time on international payments.

Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in currencies.

Signing up to Wise Business allows access to BatchTransfer which you can use to pay up to 1000 invoices in one go. This is perfect for small businesses that are managing a global team, saving a ton of time and hassle when making payments.

Use Wise Business >>

Some key features of Wise Business include:

• Mid-market rate: Get the mid-market exchange rate with no hidden fees on international transfers

• Global Account: Send money to countries and hold balances in multiple currencies, all in one place. You can also get major currency account details for a one-off fee to receive overseas payments like a local

• Access to BatchTransfer: Pay up to 1000 invoices in one click. Save time, money, and stress when you make 1000 payments in one click with BatchTransfer payments. Access to BatchTransfer is free with a Wise Business account

• Auto-conversions: Don't like the current currency exchange rate? Set your desired rate, and Wise sends the transfer the moment the rate is met

• Free invoicing tool: Generate and send professional invoices

• No minimum balance requirements or monthly fees: US-based businesses can open an account for free. Learn more about fees here

PayPal

PayPal’s Mass Payments tool makes it easy to send money to hundreds of recipients at once, especially if they already use PayPal.

It’s excellent for digital-first businesses paying freelancers, but fees and account requirements make it less ideal for international or high-volume vendor payouts.

Key Features

• Send up to 5,000 payments in one file²
• Funds land instantly in PayPal accounts
• Flat $0.25 fee per U.S. transaction³

Payoneer

Payoneer is built for global payouts. You can send money in 70+ currencies to contractors, partners, and sellers worldwide.⁴

It’s a favorite for marketplaces and cross-border businesses, but recipients must set up Payoneer accounts to receive funds with zero fees.

Key Features

• Global transfers to 190+ countries
• Local receiving accounts for payees
• Integrates with platforms like Upwork and Amazon

Tipalti

Tipalti offers an end-to-end bulk payment solution for finance teams handling scale.

With tax compliance, approval flows, and payee onboarding baked in, larger businesses should manage thousands of payments per month, especially across borders.

Key Features

• Supports 120+ currencies in 190+ countries⁵
• W-8/W-9 collection and IRS filing
• Built-in compliance and fraud prevention

Melio

Melio is a lightweight option for U.S. businesses paying vendors or contractors. You can pay by ACH or card, even if your vendor wants a check.

It’s simple, free to use, and doesn’t require recipients to sign up.

Key Features

• Free ACH transfers
• Schedule payments ahead
• Card-to-check payment capability

Top 5 Services for Receiving Bulk Payments

The right bulk payment service makes it easier to collect high volumes of payments without drowning in admin.

Here are five trusted providers that make receiving bulk transactions fast, flexible, and friction-free.

Wise Business to Receive Payments

You can get paid like a local business with Wise Business. This means you get account details to share with your clients or even use the Wise Business account on popular e-commerce platforms, such as Amazon, Stripe, Etsy, and others.

Key Features

• Get paid in 8+ global currencies
• Access Reusable Payment Links to Get Paid Faster
• Generate professional invoices

Receiving global payments?

Try Wise Business >>

Wise Trustpilot Score: Excellent 4.3 out of 5 stars
No minimum balance requirement and no monthly fees
Integrates with QuickBooks, Xero, Sage, and more

Stripe

Stripe makes receiving bulk payouts simple for platforms and marketplaces.

It supports automated mass transfers plus smart routing across currencies and payment methods for distributing affiliate earnings, creator revenue, or seller commissions. It's ideal for tech-forward businesses with international reach.

Key Features

• Supports global mass payouts via Stripe Connect
• Programmable API for full customization
• Real-time dashboards and reporting tools

Square

Square is best known for POS, but its bulk payment tools are great for service providers, gig platforms, or contractors. Square is particularly useful if you receive high volumes of transactions, as it can make reconciliation and tracking easier.

Key Features

• Next-day deposits to linked bank accounts
• Free invoicing and payment tracking
• Works well with Square Payroll and Team Management

Helcim

Helcim helps small and mid-sized businesses accept high volumes of card and ACH payments with low fees and no monthly minimums.

It’s ideal for recurring billing, subscriptions, or platforms needing flexibility in how they collect bulk transactions.

Key Features

• Transparent interchange-plus pricing
• Recurring billing and invoicing included
• Free virtual terminal for card and ACH

Authorize.net

A long-time favorite for merchants and service businesses, Authorize.net supports bulk payment processing through its flexible APIs.

With powerful fraud detection and wide platform compatibility, it’s a reliable choice for high-volume U.S.-based businesses.

Key Features

• Accepts ACH, credit, and e-checks
• Advanced fraud detection suite
• Integrates with QuickBooks and Shopify

WePay (by JPMorgan Chase)

WePay powers platforms like GoFundMe and Meetup and offers reliable bulk payout capabilities for platforms, marketplaces, and service aggregators.

It’s ideal for businesses that need to distribute incoming payments to multiple parties and want built-in compliance and banking support.

Key Features

• Integrated with JPMorgan Chase for faster settlements
• Seamless APIs for mass payouts and split payments
• Embedded KYC and fraud prevention tools

Final Thoughts

Bulk payment services help you run smoother operations, reduce admin, reduce manual errors, and give you better control over your cash flow.

And the impact goes beyond efficiency: 88% of businesses using faster payment solutions reported growth, with small and midsize companies seeing healthier balance sheets.⁶

Batch payments free up your team to focus on what moves the business forward. The right tool depends on your setup: how many people you’re paying, where they are, and how often you need to send.

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Sources:

1. Bulk Payment Processing | Finexer
2. Payouts | PayPal
3. PayPal Payouts vs PayPal Mass Pay | Refersion
4. Foreign Exchange | Payoneer
5. Tipalti | Meru Accounting
6. 88% of Firms Say They Benefit From Faster Payments | PYMNTS