Bulk Payout

In many cases, Merchants need the capability to make multiple payouts, like in the case of Payrolls, Vendor Payments, and more. Creating single payouts in such cases is a tedious task, reducing the over efficiency too. Thus Bulk Payout lets Merchants make multiple payments, of various amounts to different customers, in one go, thus increasing efficiency and saving time and effort.

Create Bulk Payout

Merchants can easily carry out Bulk Payouts by following the below steps:

Merchants need to download the Finmo Bulk Payout CSV Template
They need to input the details in the csv, as per the column headers. It contains information about Sender, Beneficiary, Country, Purpose and more.
Post the above step, Merchants need to upload the same file for Finmo to process the same.

*Its important to upload the information in the Format of the Sample Template itself, for the Finmo Platform to understand and caryry out the transactions, without error.

All Bulk Payouts

This screen shows a tabular format of all the Bulk Payouts executed by the Merchant. It shows all the necessary information, such as:

ID
Total Amount of the Payouts
Successful Payouts out of the total
Failed Payouts out of total
Overall Status of the Bulk Payout Request
Payout Method Name
Creation Time