Paying one invoice is easy. Paying a hundred at once? That’s usually where things break.
Manual BACS uploads, long settlement windows, and hidden card fees turn simple payouts into days of extra work. Finance teams end up chasing errors instead of focusing on what really matters.
It’s a big issue. A 2025 Intuit QuickBooks report found that 67% of UK small businesses with overdue invoices experience cash flow problems.
Bulk payment systems provide the answer. They let you move money in batches such as payroll, supplier invoices, refunds, or marketplace payouts, all through Faster Payments and BACS. The result is faster runs, fewer errors, and better visibility over cash flow.
In this guide, we’ll look at six providers offering bulk payouts in the UK. Some are strong for enterprises, some for global reach, but one has become the clear choice for UK-focused businesses.
| Provider | UK Coverage | Payment Rails | Key Strength | Ideal For | Watchouts |
|---|---|---|---|---|---|
| Finexer | 99% UK banks | Open Banking (Faster Payments) | Saves up to 90% in costs, 2–3x faster deployment | SMEs & mid-sized UK firms | No BACS or CHAPS |
| Modulr | ~95% UK banks | FPS, BACS, CHAPS | Enterprise-grade infrastructure, FCA-regulated EMI | Large enterprises & fintechs | Enterprise-heavy, sales-led pricing |
| Token.io | ~80%+ UK banks | Open Banking (FPS) | PSD2-compliant APIs, multi-market coverage | Cross-border fintechs | Not UK-first, bulk payouts secondary |
| Volt | ~85% UK banks | Real-time A2A | Instant settlement, chargeback-free | Marketplaces & merchants | Not built for payroll/supplier runs |
| Tink | ~90% UK banks | Open Banking payments | Strong data enrichment, Visa backing | Data-driven platforms | Bulk payouts not main focus |
| Brite | Limited UK banks | Instant A2A transfers | Fast refunds, simple setup | Cross-border e-commerce | UK presence still limited |
1. Finexer
Finexer is one of the few bulk payment systems designed specifically for the UK market. While many providers split their focus across Europe or global operations, Finexer puts UK businesses first. It is FCA authorised, connects with 99% of UK banks, and is trusted by firms that want fast, reliable payouts without extra complexity.
What Finexer Offers
- Full UK coverage: Works with nearly every UK bank.
- Regulatory confidence: FCA authorised infrastructure.
- Multi-rail support: Handles both Faster Payments and BACS.
- Flexible technology: API-first with white-label options for businesses that want branded solutions.
- Scalable pricing: Usage-based, making it practical for SMEs as well as mid-sized companies.
Why It Matters
Finance teams often lose time on slow BACS runs, manual uploads, and reconciliation headaches. With Finexer, payouts can be completed in minutes. Payroll cycles finish on time, suppliers are paid faster, and refunds no longer take days to process.
Deployment Advantage
Another reason businesses choose Finexer is speed of setup. Compared to market averages, Finexer goes live two to three times faster. That means finance teams can start running bulk payouts in weeks instead of waiting for long enterprise-style integrations.
Who It’s Best For
- SMEs looking for affordable and compliant payouts
- Mid-sized firms that need scalability as they grow
- Platforms handling high-volume payroll, supplier invoices, or marketplace disbursements
Bottom Line
Finexer combines speed, compliance, and affordability in a single UK-first platform. For businesses that want to modernise their payout process and move away from legacy methods, it offers a clear path forward.
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Connect today and see why businesses trust Finexer for secure, compliant, and tailored Bulk Payment System.
Try Now2. Modulr
Modulr is one of the most established names in UK bulk payment systems. It gives businesses direct access to Faster Payments, BACS, and CHAPS through its regulated infrastructure, which is why it’s often chosen by enterprise-level firms and fintech platforms.
Key Features
- Direct connections to major UK payment rails (FPS, BACS, CHAPS)
- FCA-regulated Electronic Money Institution (EMI)
- Integrations with payroll, ERP, and finance platforms
- Trusted partner for many enterprise fintechs
What This Means for UK Businesses
Modulr works well for companies running high-volume disbursements. Its platform handles supplier payments and payroll at scale, making it a reliable choice for enterprises.
Takeaway
Modulr is a strong bulk payment system for large organisations. For smaller UK businesses, though, the sales-led pricing and enterprise focus may feel heavier than what’s needed.
3. Token.io
Token.io is often recognised for its developer-first approach to open banking. It provides APIs that allow businesses to initiate payments across multiple European markets, which makes it a good fit for platforms operating internationally.
Key Features
- PSD2-compliant payment initiation APIs
- Broad European bank connectivity
- Strong developer documentation for integrations
What This Means for UK Businesses
Token.io does support batch payouts, but its main focus is not on UK-specific bulk payment systems. Instead, it is better suited to firms that need cross-border coverage and multi-market access rather than businesses concentrating only on the UK.
Takeaway
For UK companies that need straightforward payroll or supplier disbursements, Token.io may feel broader than necessary. It works best for fintechs and platforms that require pan-European reach.
4. Volt
Volt has made its name by focusing on real-time account-to-account payments. Its main appeal is instant settlement and chargeback-free transfers, which makes it popular with marketplaces and global merchants.
Key Features
- Real-time payouts with confirmation in seconds
- Settlement designed to avoid chargebacks
- Strong adoption in e-commerce and platform-based businesses
What This Means for UK Businesses
Volt is highly effective for merchants who need instant transfers. However, it is less of a traditional UK-focused bulk payment system for payroll or supplier runs, since its offering leans more toward merchant payments and global commerce.
Takeaway
Volt works best for businesses where speed of settlement is the top priority. For firms managing scheduled BACS payroll or supplier payments, its scope may feel limited.
5. Tink
Tink, now part of Visa, is widely known for its open banking and financial data services. While it supports payments, its real strength lies in transaction data enrichment and connectivity across Europe.
Key Features
- Backed by Visa, giving it strong credibility
- Widely used across European markets
- Strong in data insights and financial reporting
What This Means for UK Businesses
Tink can handle payouts, but it is not positioned as a dedicated UK-first bulk payment system. Its main value for finance teams comes from enriched data and analytics, rather than running high-volume payroll or supplier disbursements.
Takeaway
Tink is a better fit for businesses that want data and payments combined under one roof. For companies focused only on UK bulk payouts, other providers may be more specialised.
6. Brite Payments
Brite Payments is a newer entrant in the payouts space, with a strong base in the Nordic region. It is expanding into Europe and the UK, offering fast settlement and user-friendly integrations.
Key Features
- Focus on instant account-to-account transfers
- Simple onboarding and integrations for businesses
- Growing presence beyond the Nordics
What This Means for UK Businesses
While Brite is building traction, it is still less established in the UK compared to other bulk payment systems. Its strengths lie in refund-friendly processing and quick settlement, but UK firms may find coverage limited.
Takeaway
Brite works best for consumer-facing platforms that need quick payouts in multiple regions. For UK-only businesses, it may not yet provide the depth of service found with more established providers.
Choosing the Right Bulk Payment Partner
Each provider in this list brings a different strength for UK businesses exploring bulk payment systems:
- Finexer: UK-first platform, FCA authorised, covering 99% of UK banks via Faster Payments. Businesses save up to 90% in transactional costs, with deployment two to three times faster than most providers and pricing designed for SMEs and mid-sized firms.
- Modulr: Enterprise-grade infrastructure with direct access to FPS, BACS, and CHAPS, well-suited for large organisations and fintechs.
- Token.io: Strong pan-European coverage with PSD2-compliant APIs, ideal for multi-market fintech apps.
- Volt: Focused on real-time merchant and marketplace payouts, offering instant confirmation and chargeback-free settlement.
- Tink: Visa-owned, known for combining payments with financial data enrichment, appealing to data-driven businesses.
- Brite Payments: Expanding from the Nordics into the UK, offering fast settlement and refund-friendly processing.
For UK businesses that want a bulk payment system designed specifically for the local market, Finexer stands out. It combines compliance, speed, and affordability while helping firms cut costs dramatically.
Are bulk payment systems FCA regulated?
Yes, providers offering bulk payment systems in the UK must either be FCA authorised or work with an authorised partner. This ensures payouts are secure, compliant, and meet UK financial regulations.
Which bulk payment system covers the most UK banks?
Finexer currently connects with 99% of UK banks through Open Banking rails, giving businesses nearly full coverage across the country. Other providers often split their focus between Europe or global markets.
What’s the difference between Faster Payments and BACS for bulk payments?
Faster Payments process transactions in near real time, making them suitable for urgent payroll or supplier runs. BACS typically takes three working days, which works for scheduled or recurring payouts but not for time-critical disbursements.
Book a demo with Finexer today and see how UK businesses cut up to 90% in transactional costs with Finexer with no setup fees!