Introduction to Batch Payouts

Batch Payouts is a Cobo Portal App built by Cobo that is designed to streamline the process of making multiple transfers in one go.

This app allows you to initiate batch transfer transactions to various destination addresses with a single click, effectively addressing the need for efficient, large-scale payments. It is valuable for scenarios that require sending funds to numerous recipients simultaneously, such as payroll processing.

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Key features

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Single-click transfers

You can specify various recipient addresses and assign different transfer amounts to each address. This feature enables you to initiate all transactions with just one click, significantly reducing the time and effort compared to processing each transfer individually.

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Support for Address Book and CSV file import

Easily add recipient addresses from your Address Book or by importing them from an uploaded CSV file. This flexibility streamlines the process of making batch payouts to multiple recipients.

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Email notifications to recipients

For each batch payout, you can specify an email address for each recipient. Once the transaction is completed, an email notification will be sent to the recipient, keeping them informed of the transaction status.

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Support for Cobo Guard Confirmation

Batch Payouts supports recipient confirmation through Cobo Guard, ensuring secure transactions. For recipients who have not created Cobo accounts or have not linked Cobo Guard, you can send a guidance email with just one click, providing them with the necessary steps.

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Batch and individual transaction management

Batch Payouts allows you to efficiently manage transactions by enabling you to speed up, drop, resend, or cancel individual transactions or entire batches as needed.