Mass payment
A mass payment sends money to many recipients in one batch — hundreds of sellers, contractors or suppliers paid from a single instruction instead of one by one.
A mass payment is a single instruction that pays many recipients at once — a batch of sellers, freelancers, affiliates or suppliers settled together instead of one transfer at a time.
How it works
- You submit a file or an API call listing each recipient, amount and currency.
- The provider fans the batch out across the right rails and pays every line.
- One reference comes back covering the whole run, so it reconciles as a set.
Unlike a lone bank transfer, a mass payment is priced and tracked as a batch — the difference matters most when the batch spans several currencies and countries.
Why it matters
Marketplaces and platforms rarely owe one person. A payout run can be hundreds of lines, and paying them by hand is where fees pile up, currencies get mishandled and someone’s payment quietly goes missing. The volume is the risk: a small per-transfer cost, multiplied across a batch, becomes real money.
How Fynex does it
Fynex pays many parties in one run, each in their own currency, with every payout routed to the cheapest rail across SEPA, SWIFT and local schemes by least-cost routing. Each line verifies before it pays and posts back to the books, so a marketplace payout batch reconciles itself. See payouts.