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Bulk Payments are currently available as a BETA version.

Introduction

Yapily Bulk Payments enables you to initiate direct account-to-account bulk payments across the UK through a single API integration. A bulk payment is a group of payments to be paid to multiple recipients in a single transaction. For a bulk payment the payment must be from the same bank account, on the same date, with the same currency and using the same payment scheme. Note: Yapily does not support batch payments.

Coverage

Bulk payments are currently supported by select banks in the UK for business and corporate integrations.
BankCountry
Allied Irish Bank Business (ROI)UK
Barclays BusinessUK
Barclays CorporateUK
CouttsUK
HSBC UK BusinessUK
Lloyds (Business)UK
Natwest BankUK
Natwest BanklineUK
Royal Bank of ScotlandUK
Royal Bank of Scotland BanklineUK
Santander UK Plc BusinessUK
Silicon Valley BankUK
Virgin MoneyUK
RevolutUK
Ulster BankUK

Advantages

The 3 main advantages of bulk payments:

1. Low cost initiation

Direct account-to-account bulk payments removes payments fees associated with payment processing.

2. Improved efficiency

Supports automated payment runs to reduce operational overhead and improve efficiency.

3. Many currencies supported

Initiate bulk payments in any currency supported by your bank.

Applications

Bulk payments can power: Invoice payments: Streamline invoice, bill payments and reconciliation with embedded bulk payments. Payroll: Automate payroll and save time by eliminating manual processing. Don’t see your use case? Let us know how you would like to use Yapily Bulk Payments.

End user journey

The bulk payments experience can be embedded into any application. You build and self-host the user facing screens, giving you full ownership and control over the experience in your application, with the Yapily Bulk Payments API powering the payments behind the scenes. Note: We recommend you follow our PIS UX guidelines for examples of best practices when building the user facing screens. Note: Banks use different methods to authenticate and collect consent from users. Yapily supports all user authorisation flows and you may need to implement multiple user authorisation flows depending on which banks you want to integrate with.

Get started

See our bulk payments tutorial to explore a sample integration with Yapily Bulk Payments.