With the bulk payment function, you can create multiple SEPA transfers with just one click and authorise them with an SMS or device confirmation.
First, you need to form the list of payments. All the transactions sent for approval (excluding scheduled ones) as well as transactions in draft status will be added to this list.
When at least 1 transaction matches these rules, you will see a button ‘Review and pay’ on your main dashboard.
A bulk payment can contain a maximum amount of 200 transactions, and all of them should be made from the same wallet.
How to execute the payment in web version
Click on the ‘Review and pay’ button and a screen will appear with all transactions offered to be paid.
Select the transactions from the list by ticking the box on the left - the final sum and fee will be recounted accordingly. Unselected transactions will be shown again if you re-start the process.
To proceed with the payment, click on ‘Confirm payment’ and the usual approval process will start.
You will receive an SMS or a notification in your Finom app to confirm the payment.
The transfers of the bulk payment will be displayed individually on your dashboard.
How to execute the payment in your Finom app
Open the “Money” tab in your app. Click on the ‘Review and pay’ button and a screen with all transactions offered to be paid will appear.
Click on ‘Edit’ if you would like to amend the transaction list.
If you would like to proceed with the payment, click on ‘Confirm payments’ and the usual approval process will start.
The transfers of the bulk payment will be displayed individually on your dashboard.
This feature is available for Premium and Corporate plans only. Each additional transfer that exceed your tariff limit may lead to additional charges. You can find more information about our prices and services on our pricing page.