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What's a Mass Payment?
As the name says, it involves sending payments to multiple recipients in one single go. You can get up to 5000 payments done in one single attempt if you own a Business Account.
You can create, send, and track all of your payments using the Mass Payment feature.
Why would I use it?
What I cannot use it for:
Can I make I mass payment with my PayPal account?
Mass Payment is intended for business users who need to send money to many customers efficiently.
If you’re a Premier account holder, please upgrade to a Business Account and call Business Support to see if your account can enjoy this feature.
How can I make a Mass Payment?
You start by creating a tab or comma delimited file or a spreadsheet that contains the list of e-mails from all payment receivers, payment amount, and currency code.
Next, you fund your PayPal account with the total amount of the Mass Payment, including fees in the currencies you are sending. (Each currency will need to have its own file)
After you upload your file to your PayPal account, you can review and edit your file or add a personal note to each recipient before sending it.
Which currencies are supported?
You can pay recipients in 22 major currencies. https://developer.paypal.com/docs/classic/api/currency_codes/
What else?