Source: Salt Edge
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Traditional batch payment methods depend on outdated file formats or manual uploads, which can be slow, costly, and prone to errors.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.
Vladimir Modirchi, technical product manager (PIS) at Salt Edge, said: “With the launch of bulk payments, our goal is to help companies move away from outdated processes and embrace faster, more transparent, and automated financial operations.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.”
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.
In the Live Lounge with Garri Galanter, chief executive officer of Salt Edge – watch here.
