Bulk payments have become an essential tool for modern businesses, streamlining the process of sending multiple payments simultaneously to different recipients. This efficient payment method is particularly valuable for companies managing regular payroll disbursements and vendor payments, helping them save time while minimizing errors in their financial operations.
NextPay enables secure and instant payments to employees, suppliers, or merchants through batch disbursements to any bank or e-wallet they use.
Not familiar with bulk payments? Check out our blog post to learn its benefits and business applications.
How to Send Bulk Payments via NextPay
Prerequisites
- Ensure sufficient funds in your NextPay account—How do I fund my NextPay account?
- Prepare recipient information—How to add employees and suppliers to my directory?
- Have proper authorization access—How can I manage team member access?
Accessing Bulk Payments
NextPay offers two convenient ways to initiate bulk payments from the dashboard:
Method 1: Quick Access
- Click the "Send to many" button in the Quick Actions section of the dashboard home page
Method 2: Navigation Menu
- Open the "Send Money" drop-down menu
- Select "Disbursements"
- Click "New Disbursement"
- Choose "Send to many" option
Creating a Disbursement
Initial Setup
- Choose disbursement type:
- Employee Salaries
- Supplier Payments
- Customer Payments
- Provide a disbursement name
- Set disbursement schedule (immediate or future date)
- Click "Create Disbursement"
Adding Recipients and Payment Details
Users can add recipients and payment amounts through two methods:
Method 1: Direct Interface Entry
- Use NextPay's disbursement page interface
- Add recipients individually
- Enter corresponding payment amounts
Method 2: Bulk Import
- Import data via spreadsheet (.csv or .xlsx format)
- Use NextPay's provided template
- Upload the completed file
Final Review and Authorization Process
- Review all recipient details and payment amounts
- Verify the total disbursement amount
- Submit disbursement request for approval
- Await authorization from a user with an Authorizer Role
Note: Authorizers must unanimously approve within 72 hours. If the approval deadline passes, managers need to create a new disbursement
Supported Banks and E-wallets
Major Banks
- Banco De Oro Unibank Inc. (BDO)
- BPI/BPI Family Savings Bank
- Union Bank of the Philippines (UBP)
- Metropolitan Bank and Trust Co (Metrobank)
- Philippine National Bank (PNB)
- Land Bank Of The Philippines (Landbank)
- **All banks accepting InstaPay and PESONet
Major E-Wallets
- GCash
- Maya
- GoTyme
- Seabank
- Tonik
- GrabPay
Processing Times and Notifications
Depending on their account type, recipients typically receive funds within minutes after authorization. They will receive an SMS and email confirmation once they receive the funds.
Best Practices
- Double-check recipient details before submission
- Maintain sufficient account balance
- Process disbursements before deadlines
- Keep recipient information updated
Do you prefer video instructions? Watch our batch disbursement video guides
Visit our help page to learn more about NextPay.