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Batch payment execution layer

Bulk & Batch Payments

Pay by File, Without the Bottlenecks

Upload one file. Pay in any currency. Reconcile without the headache. Built for finance teams in iGaming—fast, flexible, and fully in control.

1000s of payments per fileSub-10s processing11 currenciesZero manual keying

Why finance teams choose Pay by File

From file upload to mass settlement — without the friction

Traditional bulk payment processes are slow, error-prone, and spread across too many tools. Pay by File consolidates the full batch lifecycle — upload, validate, approve, execute — into one governed flow.

Upload any file, validate every row

Drag and drop CSV or XLSX payment files. The engine validates every row — account numbers, currency codes, beneficiary details — before a single payment is released. Errors are flagged upfront so nothing slips through.

Multi-currency batch settlement

Execute supplier runs, payroll batches, and affiliate payouts across 11 currencies in a single file. Payments route through SEPA, SEPA Instant, Faster Payments, and SWIFT — controlled by the same rails your treasury team already trusts.

Automated audit and reconciliation

Every file upload generates an immutable record — which rows passed, which were flagged, who approved, and when each payment settled. Reconciliation becomes a report, not a manual task.

The full batch payment lifecycle

One file. Every beneficiary. Zero manual entry.

Upload CSV or XLSX payment files and let the platform do the heavy lifting. Payees are auto-created, validated, and matched to your directory. The system catches every error before value moves.

Instant file parsing and row-level validation

Every row is parsed against account, sort code, IBAN, and currency rules. Errors surface before processing — not after a failed payment.

Auto-create and verify payees at upload time

New beneficiaries are created from file data and verified via Confirmation of Payee before they appear in your directory.

Track every upload in the immutable audit trail

File uploads, validation results, amendments, and approvals are all captured in a timestamped log — ready for reconciliation or compliance review.

Batch processing

Upload, validate, and execute — in a single governed flow

Drag and drop CSV or XLSX files containing hundreds of payments. The platform validates every row, flags data errors before processing, and lets your team fix and resubmit without losing context. When it is ready, one approval fires the entire batch.

Beneficiary management

Your full payee directory — kept clean automatically

New beneficiaries from every uploaded file are validated via Confirmation of Payee and added to your directory. Deduplication, IBAN checks, and account validation happen at upload time — not when a payment fails three days later.

Audit and reconciliation

A complete record from file upload to settlement

Every upload, validation event, approval decision, and payment outcome is captured in a timestamped, immutable audit trail. Reconciliation after a batch run becomes a structured report — not a manual investigation. Connect to your accounting tools to close books faster.

Built for operational scale

Batch payments that grow with the volume your business demands

Finance teams running high-volume supplier runs, payroll disbursements, or affiliate payouts know the cost of manual payment entry: errors, delays, and hours of reconciliation. Pay by File removes that cost entirely — replacing it with a structured, governed workflow that processes hundreds of payments in seconds with full validation upfront.

From iGaming affiliate networks paying hundreds of partners weekly to multinational businesses running multi-currency supplier batches across SEPA and SWIFT, the platform scales to the volume, currency mix, and approval complexity the operation requires. Every payment in every file is traceable from upload to settlement — giving finance, compliance, and operations teams the visibility to move fast without flying blind.

Built for batch payment scale

1000s

Payments per file

<10s

Validation time

11

Currencies supported

100%

Validated pre-execution

Teams that batch, scale faster

Finance Director

Finance Director · iGaming Affiliate Network

“We used to spend two hours on affiliate payouts every week. Now it takes 30 seconds — with a full audit trail attached.”

AP Manager

Accounts Payable Manager · Online Gaming Platform

“The row-level validation alone saved us from three costly errors in the first month. It catches things our manual process never would have.”

CFO

Chief Financial Officer · Multi-entity Technology Group

“Running payroll for 200 contractors across six currencies in one file changed how our finance team operates. The reconciliation report writes itself.”

Batch payment questions

Everything you need to know about Pay by File

Practical answers for finance teams assessing bulk payment workflows, file formats, and approval controls.

Get started

Ready to build with Xace?

Open an account, see the platform in action, and move from fragmented operations to a governed financial layer.

Operator-ready onboardingGuided implementationProduction support

Disclaimers & Regulatory Information

‘Xace’ and ‘Xace Europe’ are trading names of Xace Limited and Xace Malta Ltd. Xace Limited is a private limited company (number 11742963) registered in England and Wales. Xace Malta Ltd is a private limited company (C 102626) registered at Level 5, Carolina Court, Giuseppe Cali Street Malta XBX 1425.

Xace Limited is regulated by the Financial Conduct Authority, FRN 948213, under the Payment Services Regulations 2017 as an Authorised Payment Institution, providing payment accounts.

Xace Malta Ltd is licensed and regulated by the Malta Financial Services Authority to undertake the business of a payment services in terms of the Financial Institutions Act.

Xace Limited is a registered EMD agent of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Electronic Money Regulations 2011 – for more information please see follow this link.

Xace Limited is also a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and the full value safeguarded in line with the Financial Supervision Act (Wet op het Financieel Toezicht, Wft) – for more information please follow this link.

Xace Limited also provides other Payment Services under its own licence. These are separate and unrelated to the account and payment services you receive from Modulr FS Limited.

Your card is issued by Modulr FS Limited or Modulr Finance B.V. pursuant to their respective license by Visa Europe. Visa and the Visa brand mark are registered trademarks of Visa Europe.