A Bulk Transfer allows merchants to send funds to multiple accounts simultaneously, rather than making individual transfers. This feature is especially useful for businesses that need to make mass payments, for example, to vendors, employees, or affiliates quickly and efficiently.

Steps for Bulk Transfer

1. Click on the Withdrawal Option
Navigate to your dashboard and select “Withdrawal” from the menu on the left side.
2. Select Bulk Transfer
Click on “Make Bulk Transfer” located at the top right corner.
This will open a new form where you can configure the bulk payment details.
3. Provide a Title for the Bulk Transfer
Enter a name or reference for the transfer batch (e.g., October Salary Payments).
This title helps in identifying and tracking the batch later.
4. Upload the Excel File
Prepare and upload an Excel sheet containing the payment information for each recipient.
The Excel file should include the following columns:
Amount
Bank Code
Reference
Account Name
Account Number