What is the multiple payments feature?

The Monika platform enables users to ‘store up’ payments throughout the day and then securely send them at regular intervals via the Faster Payments network. Users can simply add payments that need to be made to the queuing system for them to be disbursed in bulk at the convenience of the team or organisation.

A payment or creditor library is available in Monika and users will simply choose which organisation or individual needs to be paid and for what amount from within a number of payment points in the platform. This easy yet highly secure and auditable facility drives efficiencies for users and makes what has often been a time consuming and overly complicated process simple.

Each partner will be given their own secure bulk payments login with Cashplus Bank and is integrated into Monika as part of our service.

Tags: bulk payments, making numerous payments, multiple payment functionality
Scroll to Top