Sending Payments

Discussion in 'Payment Processing' started by JeffC, Oct 22, 2006.

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  1. #1
    Curious if anyone knows the best way to go about sending bulk payments via wiretransfer or check.

    Is there any companies out there that can handle this?
     
    JeffC, Oct 22, 2006 IP
  2. Corey Bryant

    Corey Bryant Texan at Heart

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    #2
    How many transactions per day are you referring to? If it is a lot, almost any processor will set up an account for you to accomplish this. Depending on the size etc usually between 1,000 - 5,000 transactions is the minimum.

    Of course, some gateways will offer bulk upload as well.
     
    Corey Bryant, Oct 22, 2006 IP
  3. JeffC

    JeffC Well-Known Member

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    #3
    It would be a monthly thing. Would there be a problem before I was hitting 1,000+ payments a month?
     
    JeffC, Oct 22, 2006 IP
  4. johngalt192

    johngalt192 Guest

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    #4
    Any idea how to automate this? Are there any payment providers or gateways that will handle outgoing payments (i.e. distributions) electronically from a website? I've been searching for days to no avail.
     
    johngalt192, Oct 25, 2006 IP
  5. Corey Bryant

    Corey Bryant Texan at Heart

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    #5
    Most processors usually like >5,000 a day but depending on the volume some transaction processors will set up an SSH client for you.
     
    Corey Bryant, Oct 26, 2006 IP