Starling Bank has introduced a new Bulk Payments feature for its business customers.
In Brief:
This means SMEc can now make bulk payments to multiple recipients in one go.
It’s part of a subscription service and enables business customers to pay staff and suppliers.
It will be available for Starling’s subscription based Online Banking platform customers with GBP accounts.
What does this mean?
Starling says the growing need for bulk payments reflects the growth of its business customers which may have started as one or two people, and grown to employ teams.
