Fapshi Launches Bulk Payments, Streamlining Mass Transactions

Ever had to send money to more than two MoMo accounts and realized how hectic it could be? Did you ever try for about ten or more accounts? It's a pain, having to do them one by one – you can't help be think "there has to be another way". Well, that other way is exactly what you have here – Fapshi Bulk Payments. 😊

Fapshi’s web platform welcomed a game-changing update yesterday with the rollout of Bulk Payments. This new feature empowers users to handle multiple transactions in one go, making it simpler for businesses, organisations, and individuals to manage payroll, vendor payments, or group disbursements with speed and security.

Simplifying Mass Payments

The Bulk Payments feature arrives as digital transactions become increasingly central to financial operations. Now available on Fapshi’s web platform, it allows users to process payments to multiple recipients at once, saving time and reducing manual effort. Whether paying salaries, settling supplier invoices, or distributing funds to a group, Fapshi’s Bulk Payments is designed to make the process seamless and efficient.

How Bulk Payments Works

The Bulk Payments feature is intuitive and user-friendly, integrating seamlessly with Fapshi’s existing tools. Key highlights include:

• Multiple Recipients: Upload a list of recipients via a CSV file (you can download a sample on the dashboard) to send payments to multiple accounts in one transaction.
• Very Fast: All transactions are completed in under minutes (100 transactions take approximately 7 minutes to complete).
• Secure Processing: Benefit from Fapshi’s encrypted payment gateway, ensuring all transactions are safe and reliable.
• No Extra Processing Fee: Fapshi charges no fees for processing the bulk payments, once the money is in your account, you're good to go.

To use Bulk Payments, users can log into their Fapshi account, navigate to the “Bulk Payments” section, upload or enter recipient details, and confirm the transaction. The feature is accessible to both regular users and merchants, with no additional setup required.

How to Get Started

Users can access Bulk Payments via the web platform at dashboard.fapshi.com. Getting started is simple:

1. Log In: Sign into your Fapshi account or create one on the app or website.
2. Navigate to Bulk Payments: Find the feature on the menu.
3. Upload or Enter Details: Import a CSV file with recipient details.
4. Confirm and Send: Review the transaction, authenticate with your Fapshi PIN, and process the payments.

The feature is optimised for performance, ensuring smooth operation even for large payment batches.

Why Bulk Payments Matters

Since its launch, Fapshi has been at the forefront of simplifying digital payments with tools like payment links, invoicing, and event ticket management. The introduction of Bulk Payments addresses a critical need for businesses and organisations handling high-volume transactions. By automating and streamlining mass payments, Fapshi reduces administrative burdens, minimises errors, and saves valuable time.

Merchants, in particular, will find the feature transformative for managing supplier payments or affiliate disbursements, while individuals can use it for group contributions or shared expenses. The ability to schedule payments also makes it ideal for recurring needs like monthly salaries or subscription payouts.

User Feedback and Future Plans

Early feedback from users highlights the feature’s ease of use and time-saving potential. “Bulk Payments is a lifesaver for our payroll process,” said the Fapshi team, reflecting on initial user responses. “We’re thrilled to see businesses and individuals already embracing it.”

Fapshi plans to enhance the feature further, with upcoming updates including advanced analytics for tracking payment trends and integration with accounting tools for seamless bookkeeping.

Start Using Bulk Payments Today

The Bulk Payments feature is live now, and users can explore it by logging into their Fapshi account. For guidance, the Fapshi documentation offers step-by-step instructions, and the support team is available to assist.