How to Create and Send a Batch Payment
Note: This blog is for customers that have a Payoneer account for sending payments (with this account, you can only send payments, using your credit card or bank account details). If you have a Payoneer account for receiving and sending payments, you can find information on making batch payments from your Payoneer account balance here.…
Note: This blog is for customers that have a Payoneer account for sending payments (with this account, you can only send payments, using your credit card or bank account details). If you have a Payoneer account for receiving and sending payments, you can find information on making batch payments from your Payoneer account balance here.
Save valuable time and unnecessary hassle โ use Batch Payment* to make multiple payments to your service providers without having to fill in your payment details each time. Itโs great for businesses that have recurring invoices or need to make multiple payments at once.
*Please note that Payoneerโs Batch Payment feature is currently available only in the U.S. and for business owners who need to send payments and pay with their bank account details.
Keep reading to learn how to create and send batch payments to your service providers. If you have not yet signed up to initiate payments, youโll need to do that first.
1. Sign in to Payoneer.
2. Click Pay in the left menu, and then Batch payment.
3. If you have not yet added a bank account to your payment methods, youโll need to do that before you can create and send a batch payment.
4.ย Download the batch payment file template.
5.ย Enter your payment details as follows: for each payment, enter the recipient email in column A, payment amount in column B, payment currency in column C (currently only USD payments are supported in Batch Payment), and payment description in column D.
Save the file to your computer, making sure to preserve your column headers.
6.ย Now that the batch payment file is ready, drag and drop the file or upload it from your computer.
7.ย Review the payments to make sure everything is correct and that there are no issues to resolve.
If there is a mistake in your batch payment file, you can delete individual payments by clicking the trash bin icon next to the payment line or click Change file to upload a different file.
8. Once you are ready to proceed, click CONTINUE.
9. Select the bank account you would like to pay with and confirm your account number for security purposes.
Note: at this time, you can make batch payments using ACH bank debit only.
10. Next, choose who pays the fee: you the payer, or your recipients.
Note: According to EU regulations, if any recipient of a payment in your batch payment file resides in an EU country, the payment fee will automatically be charged to him or her. In this case, this rule will apply to all payments in your batch file regardless of the other recipientsโ location.
11. When youโre ready, click PAY to complete payment.
12. Thatโs it! Your batch payment is sent. Youโll receive a confirmation email for each payment in the batch. You can track your payments in the Transactions page of your Payoneer account.
ย
Related resources
Latest articles
-
A comprehensive guide to cross-border payments
Outsourcing is a great way to grow your business. But the relationship depends on smooth, secure, on time payments. You also need to pay using local currency and payment methods. This guide shares best practices for B2B payment providers. The right payment provider helps work with the best, anywhere!
-
Online Payment Methods for Businesses in Pakistan
As businesses in Pakistan continue to expand their local and global reach, the demand for online payment solutions is higher than ever. Whether youโre a freelancer working with global clients or a local merchant selling to customers who reside abroad, identifying the right international payment methods in Pakistan that can ensure your transactions are hassle-free…
-
Reduce Payoneer costs: Strategies for cost savings
Find out how to withdraw money from Payoneer to Ukraine: an overview of banks, types of accounts, and advice on how to minimize commissions and risks
-
Bangladeshโs Digital Revolution: How Service Exporters are Scaling Globally
From freelancing to IT services, Bangladesh is quietly becoming a global services hub. Discover how digital entrepreneurs are tapping new markets, overcoming payment friction, and powering the next chapter of export growth.
-
Tariffs and Trade: A CFOโs Roadmap for Service Export Growth
From navigating trade restrictions to building global-ready financial systems, strategic CFOs in Bangladesh are redefining what it means to scale service exports in uncertain times. Bangladeshโs service export leaders stand at a pivotal moment.. While global trade tensions and tariffs reshape traditional commerce, service exporters discover unique advantages. The IT and business services sector reached…
-
How to withdraw money from Payoneer
Find out how to withdraw money from Payoneer to Ukraine: an overview of banks, types of accounts, and advice on how to minimize commissions and risks