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PRESS RELEASE

Starling Bank introduces a new Bulk Payments feature to help small businesses pay suppliers and support payroll

7th September 2022

  • Business banking customers can make Bulk Payments to multiple recipients from their GBP business account in one go

  • New feature can save business owners time and effort when making frequent payments to multiple recipients

Wednesday 7th September 2022: Starling Bank’s business banking customers can now make Bulk Payments to multiple recipients. The new subscription service can be used to help support payroll, reimburse staff expenses or pay suppliers, all at the same time.

The Bulk Payments feature has been launched by Starling to process payments at scale for businesses. With small businesses in the UK accounting for 48% of employment and 36% of turnover in 2021(1), the new feature will save business owners time and effort so that they can focus on growth.

The new feature is available to UK business customers with GBP accounts through Starling’s Online Banking platform for £7 a month(2). Customers simply add the feature to their subscriptions within the app, log into Online Banking and complete a template with recipients’ details.

Those who are new to Starling can download the app, apply for a business account and then sign up for Bulk Payments once the business account is verified and open. For a limited time, new subscribers can also use Bulk Payments for free during their first month.

Helen Bierton, Chief Banking Officer at Starling Bank, comments: “Four years ago, we welcomed our first business customers to Starling. Since then, many will have hired their first employee or freelancer, some will have grown into fully-fledged teams, and others will have become more established companies with hundreds of employees. Our Bulk Payments feature supports all these customers’ needs for making regular payments to multiple recipients, freeing up their time so they can focus less on banking and more on building their business.”

Find out more about Bulk Payments at Starling Business.


Notes to editors

(1)According to the FSB (Federation of Small Businesses).
(2)For a limited time only, new subscribers can use Bulk Payments for free during their first month. After that, the feature costs £7 per month (VAT exempt) per business account. Customers can cancel their subscription at any time. Bulk Payments is an optional add on, there are no monthly fees for Starling’s standard business accounts.

About Starling Bank

Starling Bank is an award-winning, fully-licensed and regulated bank built to give people a fairer, smarter and more human alternative to the banks of the past. It offers personal, business, joint, euro and dollar current accounts alongside a children’s card. Starling also provides a Software-as-a-Service (SaaS) proposition through its subsidiary Engine, using the proprietary technology platform that it uses to power its own bank. The Starling Marketplace offers customers in-app access to a selection of third party financial services. Headquartered in London, the bank has offices in Southampton and Cardiff.

Apply for a Starling bank account today and enjoy app-based banking at its best.

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