You can send money to a single recipient or in large batches to any bank and e-Wallets in the Philippines. There are no minimum or maximum quantities or amounts.
From our platform, you can send payments out to all your employees' salaries and suppliers to any bank or e-Wallet they already use. Transfers can take a few minutes, and recipients will receive an SMS and email confirmation once they receive the funds.
How do I send money via batch disbursements?
Ensure there are funds in your NextPay account via deposits. If you're an international company, you can wire a deposit to your NextPay account. Learn how to fund your NextPay account here.
Set up a disbursement in the Disbursements tab.
Follow the steps and enter the amounts needed and authorize the disbursement.
Once your authorizer/s unanimously approves the disbursement, your employees or suppliers should receive their payments within a few minutes, depending on the receiving account type.
Where you can send money to:
Banks
Send money to any bank in the Philippines that accepts InstaPay and PesoNET. Note that some rural banks may not be able to accept digital payments yet.
e-Wallets
Send money to any significant e-Wallet in the Philippines including GCash, PayMaya, Coins, or GrabPay accounts.