MassPay lets you pay up to 2,000 people at once, launches with 10 partners

October 2014 Update: We’ve made some big improvements to MassPay since its 2012 launch. Please visit dwolla.com/payouts for the latest information on the easy-to-use disbursement tool that allows you to pay up to 5,000 people in just a few clicks!

Original post below:

Dwolla MassPay logo

Based on your feedback, we built a lightweight tool that allows you to pay up to 2,000 people in just a few clicks.

Please say hi to MassPay!

  • It’s easier: Stop using complicated wire services or writing, sending, and waiting for hundreds of checks to be cashed.
  • It’s cheaper (maybe even free!): Increase your profit margin with Dwolla’s same low cost (25 cents per transactions over $10, all payments under $10 are free!)
  • It’s smarter: An easy-to-upload process means no tech-experience needed.
  • It’s safer: No sensitive financial information is included or needed.
  • BONUS: Your first 5 MassPay batches on us! See below for more details. (promotion ended Nov. 30, 2012)

Try it out now or see it in action:

How can your company use MassPay?

Checkout our 10 amazing launch partners who are just as excited as we are about launching this tool.

 

Parking Panda

Parking Panda will find you guaranteed reserved parking online. Search over 500,000+ parking spaces and reserve discounted and hassle-free parking instantly with Parking Panda. These guys are also are offering Dwolla as an option to pay out their partners, like parking lots.

Nick Miller , Parking Panda CEO and co-founder, had this to say about MassPay: “MassPay makes it much easier to pay our partners in a timely fashion.  Instead of having to write a check to each person or company we can simply enter their account info and send all the payments at once.  It’s a major time saver and our partners and customers love how fast and easy it is.”

Major League Gaming

Major League Gaming is a North American professional electronic sports organization, headquartered in New York City. They are using Dwolla to offer another option to pay out the various winners that win tournaments online or in circuit.

Fancy Hands Logo

Fancy Hands

Assistants for everyone. When you sign up for Fancy Hands, you can start submitting tasks right away. No waiting, just working. Fancy Hands will be offering Dwolla as a way to pay out assistants.

Splash

Splash is an awesome way to build a free custom website for your event in minutes. Create online invitations, allow guests to RSVP and more. Splash will be adding Dwolla as an option to pay out merchants on their platform.

VHX

Distribute your film online, directly to your audience. VHX believes artists should make more money from their work. They will be using Dwolla as an option to pay out content creators.

Flashnotes

Flashnotes is the #1 online marketplace to buy and sell high quality, course-specific notes created by college students on your campus. Flashnotes is also offering Dwolla as a way to pay out to the sellers of notes.

Mike Matousek, CEO and co-founder, says, “Our ability to ensure time, reliable payouts to a large number of customers and campus reps simultaneously is crucial to our success.”

 HTML5.Com

HTML5 is a marketplace for HTML5 apps. They will be launching soon, and will be using Dwolla as an option to pay out app developers.

Webmasterchecks

Offers payout services that help businesses issue checks, do ACH direct deposits, send out wires, and other payment types to their business partners.

Scripted

Scripted’s freelance writers deliver the best content on time and in any industry. Whether it be blog posts, tweets, or press releases, they have a writer for that.

Getaround

Social car sharing: Rent cars by the hour from people around you, or start renting out yours today and earn cash. They will be using Dwolla to pay out the car owners.

Try it for free

Through Nov 30th, Dwolla will reimburse your first 5 MassPay transactions. All you have to do is give us feedback! After you finish using MassPay, send an email to [email protected] and let us know what you think. When your MassPay transaction is complete, we’ll reimburse any Dwolla fees you incurred (please allow 24 hours!).

If you have ideas for new features for MassPay, let us know in the comments. Help us make MassPay as awesome as it can be.

  • Squareholder

    Incredible. We can’t wait to try this out!

  • Ari

    How does this look on the receiving end? Do those users have to have a Dwolla account?

    • Ryan Lewis

      I’m really interested in hearing a response to these questions.

    • CaityJones

      Assuming that an employer were to send a payment to you by inserting your email address, you would receive an email saying that [sender's name] has sent you a payment, with a link to register for a Dwolla account if you do not have one already. In most cases, employers are asking their employees to register for a Dwolla account and link it to their bank account before they start sending them their payment via Dwolla. This way employees can easily direct the payment to their bank account manually by logging in (to Dwolla) and making a withdraw, or automatically by setting up auto-withdraw.

      • CaityJones

        In short, yes those users would have to sign up for a Dwolla account if they do not have one already.

        • http://www.facebook.com/anthony.toles.7 Anthony Toles

          I like it alot!

        • http://twitter.com/moeadham Moe

          What if we want a more seamless user experience. Can Dwolla provide us an API so that we can give you user information and you open an account for them, without them knowing Dwolla was involved in the first place?

          • CaityJones

            Currently, the Dwolla API doesn’t support this as an option.

      • Brad Wilson

        Will there ever be a service that will allow us to pay employees the way we do now, which is using a service that helps us with taxes, etc?

        • CaityJones

          Someone could easily create a payroll and human resources solution on top of Dwolla, but right now it’s not our core competency (a great idea though). I am excited to see the way our tools are expanded upon in the future.

          • Brad Wilson

            Thanks!

  • Maureen

    What countries and currencies are supported with the masspay feature?

    • CaityJones

      Hi Maureen – Dwolla is only servicing US accounts and currency at this time. However, we are looking forward to expanding internationally in the future.

      • Dobrosław Żybort

        Maybe you can made same site like Stripe: https://stripe.com/global . Users can register there and will be notified when Dwolla will be available in their country.

        • CaityJones

          Very cool, and a great idea. Thanks for sharing!

  • dr-gc

    I think that you answered this in a prevous post, but does dwolla have a money transmitters license in all 50 states directly, or are they leveraging off of someone elses license.

    • CaityJones

      Dwolla works with our financial partners to move money – our terms of service is the best way to understand how we are structured. https://www.dwolla.com/tos