Salt Edge has officially launched its bulk payments solution, designed for fintechs, SaaS platforms, marketplaces, and high-volume enterprises that need fast, secure, and compliant mass payouts. Built on PSD2-compliant API infrastructure, the product enables companies to initiate multiple payments simultaneously, directly from their business bank accounts.

Modern alternative to legacy batch payments

Traditional batch payment methods depend on outdated file formats or manual uploads, which can be slow, costly, and prone to errors. Salt Edge’s bulk payments solution replaces these inefficiencies with modern open banking rails to deliver real-time execution, cost optimisation, and improved automation. It supports a wide range of use cases, including payroll disbursements, supplier settlements, freelancer payouts, and marketplace transactions.

Security at the core

The solution is fully compliant with open banking regulations and strong customer authentication (SCA) requirements, providing complete transparency, real-time tracking, and detailed reporting for every transaction.

With the launch of bulk payments, our goal is to help companies move away from outdated processes and embrace faster, more transparent, and automated financial operations. Instead of spending hours approving and processing individual payments, businesses can now initiate hundreds of transactions at once and track them in real time within a secure framework. By reducing manual effort, our solution saves time, cuts costs, and makes managing large-scale transactions effortless, allowing teams to focus their resources on more valuable tasks.

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• Vladimir Modirchi, Technical Product Manager (PIS) at Salt Edge

   

A multitude of use cases and applicability

Bulk payments reduce manual effort, minimise errors, and ensure smoother financial operations. Additionally, the solution simplifies reconciliation by automatically matching payments with invoices or payroll records, saving finance teams time while improving accuracy.

Businesses can use Salt Edge’s bulk payments for a wide range of purposes, including

• To initiate seamless mass payouts directly to bank accounts
• To automate complex financial workflows
• To easily handle recurring freelancer disbursements
• To streamline supplier settlements and manage treasury operations
• To process payroll transactions, ensuring staff receive salary on time

Rolled out in Italy and soon to be expanded across Europe, the solution offers unmatched flexibility by allowing companies to connect with the banks they trust most. With Salt Edge managing the technical integration, businesses can execute bulk payments effortlessly through a single, powerful API.

Learn more about Salt Edge’s bulk payments here.

About Salt Edge

Salt Edge is a financial API platform with PSD2 and open banking solutions for every business. The company has two main vectors of activity: enabling third parties to get access to bank channels via a unified gateway and developing the technology necessary for banks to become compliant with the directive’s requirements. ISO 27001 certified and AISP licensed under PSD2, the company employs the highest international security measures to ensure stable and reliable connections between financial institutions and their customers. The company is integrated with 5,000+ financial institutions in 50+ countries. Salt Edge has been named a Strong Performer in The Forrester Wave™: Open Banking Intermediaries, 2023 Report.

For more information, please visit www.saltedge.com