Making payments to more than one recipient at the same time requires tremendous effort and often result in mistakes. This process is inevitable for companies doing multiple payments. The errors resulting from this process is costing companies a large number of resources. Yet, people/ companies must do it on an ongoing basis for efficient operations. smobilpay facilitates payments via bulk payment services.
When it comes to people’s money, you can’t afford to be late or make mistakes. If you have a business that processes a high volume of payment transactions, it is almost impossible to pay off each one individually as it eats up precious time you could be spending on the business. Continuously paying a high volume requires a method known as bulk payment.
What is bulk payment?
A bulk payment is a system that allows payment to multiple beneficiaries from a single debit account. This kind of payment is created from a bulk list (a pre-specified list of credit accounts or beneficiaries you have to pay from a single debit account). In Cameroon, smobilpay facilitates payment for Businesses and cooperation, using two types of bulk payment offers.
smobilpay offers two types of bulk payment services;
Domestic Bill Bulk Payment which allows businesses and individuals to make standard domestic payments to multiple recipients from a single debit account. For services like communication credit transfer (MTN Orange, Nextel), Insurance payments, Mobile Money and Orange Money Transfer.
Bulk Inter Account Transfer entails the use of smobilpay to facilitate payment of funds, to multiple accounts from a single debit account. Used by people /organizations that have to send money to numerous accounts at the same time for payment of salaries and other payroll transfers. These services can either be categorized under immediate bulk payment or future-dated bulk payment.
What are some of the advantages of using smobilpay to facilitate payment?
- These streamlined processes are faster, secure and very reliable than other payment means.
- With smobilpay bulk payment, businesses can deliver right away
- smobilpay bulk payment is the fastest way to send money to multiple people. This is very vital in situations like payroll since employees depend on their salaries and need it not only be accurate but on time.
- Consistency in payment adds to the recipient’s security.
- It saves hours of individual calculations and one-on-one transfers; this facilitates operations and streamlines finances.
- smobilpay bulk payment saves time, energy and money for businesses and organizations/
- Reduces human errors as information is uploaded directly from the system, file or software removing the need to key in every payment separately.
Are you interested in using smobilpay to facilitate payment services?
kindly fill the short contact form below, to partner with smobilpay for its specialized bulk payment services,