With 24pay you can not only receive money, but also easily remit it in bulk. The payment gateway, POS terminals and the money remittance service together form one solution that simplifies the management of corporate payments. The whole process runs securely and the details of individual payments remain protected. Everything is under your control in one place and with one partner.
Money stays
in motion
You send a single payment to 24pay and we handle its distribution to individual recipients. Simply, securely and without unnecessary administration.
1. Import
upload the XML to the 24pay system
2. Payment
secure the funds for payout with a single payment
3. Remittance of payments
24pay pays out funds to recipients in bulk
4. Reporting
process the results clearly and import them easily into your accounting
One solution,
more possibilities
Receiving payments and remitting money
One payment instead of dozens of individual transfers
More efficient cash flow management
Less administration
Payment automation
Secure regulated environment
From receiving a payment
to remitting it
Payments do not end when they are received. Many companies then need to pay salaries, settle invoices or remit money to business partners or clients. 24pay combines the payment gateway, POS terminals and the money remittance service into one solution. Thanks to that you can receive and pay out funds simply and reliably.
What can you
use the service for?
Paying salaries
Settling supplier invoices
Paying commissions
Insurance payouts
Winnings
Logistics
Events
Why 24pay
More than 20 years of experience in payment services
Slovak customer support 7 days a week from 7:00 to 22:00
Comprehensive payment solutions under one roof
Licensed payment institution (NBS)
FAQ
What is money remittance?
Money remittance from 24pay is a payment service that lets companies easily remit funds to employees, suppliers, business partners, clients or other recipients. Instead of hundreds of individual payments, you send a single payment to 24pay and we take care of the distribution.
Who is money remittance for?
The service is suitable for companies that regularly process a large number of payments. It is most often used by manufacturing companies, staffing agencies, marketplace platforms, logistics companies, insurers, event organisers and companies paying commissions or winnings.
How does money remittance work?
You upload an XML file with a list of payments to the 24pay system and secure the funds for their remittance with a single payment. 24pay then sends the payments to individual recipients according to your instructions. You can track the whole process in the 24pay system, where reports and exports are also available.
Can I set up payment approval?
Yes. The 24pay system lets you set up multi-level approval of money remittances according to your company’s internal processes.
Is the service secure?
Yes. 24pay is a licensed payment institution supervised by the National Bank of Slovakia. Money remittance takes place in a regulated environment with a focus on security, simplicity and reliability.
Can the service be integrated with the payment gateway or POS terminals?
Yes. Money remittance is part of the 24pay products and can be combined with the payment gateway and POS terminals.
Coming soon: If you already use the 24pay payment gateway or POS terminals, we are preparing the option to use received funds directly for money remittance.
How do I pay out customers or clients with a single payment?
The money remittance service lets you pay out funds to multiple recipients through a single payment. You upload an XML file, send one payment and 24pay handles the bulk distribution of payments to individual customers, clients or business partners.
How can I save on the transaction tax when making payments?
If you regularly process a large number of payments, the 24pay money remittance service simplifies and streamlines their processing. A single payment covers the entire file and 24pay then distributes the funds to individual recipients.