Glossary

Glossary Examples

Simple explanations of global payment networks and infrastructure terms

What Is a Bulk Payment?

A bulk payment is the process of sending multiple payments to different recipients through a single automated operation.

What Is Batch Processing?

Batch processing is a method of handling large groups of transactions together for faster payment execution.

What Is Payment Automation?

Payment automation uses technology and workflows to simplify recurring and high-volume payment processes.

What Is a Vendor Payment?

A vendor payment is a business transaction used to transfer funds to suppliers or service providers.

What Is a Mass Disbursement?

Mass disbursement is the distribution of funds to multiple recipients through organized payment systems.