Nucleus365, a UK-based payment institution offering a centralised platform for global payment processing, FX, and connected banking, has today announced the availability of a new bulk uploads feature that will enable all of its global merchants to make large volume payments to businesses or individuals through one efficient online form.

By embedding the bulk uploads feature into its existing platform, Nucleus365 is enabling its customers to benefit from instant deployment, without the need for costly and disruptive changes (or additional tools such as payroll services). The new feature will mean customers can process large-scale internal and external payments with backend analytics and customer support available 24/7.

This new feature will save merchants time and money by removing costly manual processes and replacing them with automated ones, which allows for speedier reconciliation. By simplifying the payment process with features like bulk uploads, Nucleus365 is also meeting merchants' payment requirements - particularly those rapidly expanding across the globe with an increasing number of banking partners to account for.

Sophie Flynn, Chief Financial Officer at Nucleus365, said: “We are always looking for improvements in the way payments are made - if we can simplify them, then we can save merchants time and money. Our bulk uploads feature does exactly that while enabling merchants to expand globally in a speedier, more efficient way.”

Founded in 2022, Nucleus365 offers a unified platform for payment processing, back-office treasury functions, and reconciliation purposes. Covering banking and acquiring, Nucleus365 is integrated with a wide range of banking providers and payment processors around the world.