If you need to pay multiple people in India — contractors, vendors, employees, or freelancers — doing individual wire transfers is painful and expensive. Each one takes 3–5 days, costs $30–$50, and you have to initiate them one by one.
Here's how to send bulk payments to India efficiently.
The Problem with One-by-One Payments
Say you have 10 contractors in India to pay monthly. With bank wires:
- 10 transfers × $40 fee = $400/month in fees
- 10 separate SWIFT initiation forms
- Each taking 3–5 business days
- No way to track all payments in one place
That's $4,800/year wasted on wire fees alone — money that should go to your team.
Solution: CSV Bulk Upload Payroll
Pym Business Payroll lets you upload a single CSV file with all your recipients and amounts, then pay everyone in one click.
How It Works
- Prepare your CSV — columns: name, bank account (or UPI ID), IFSC code, amount (INR or USD)
- Upload to Pym — the system validates all details before processing
- Review and confirm — see the total amount, per-recipient breakdown, and exchange rate
- Fund and send — pay with USDT (instant, $0 fee) or bank transfer
- Track delivery — see real-time status for each recipient
CSV Format Example
| Name | Account / UPI | IFSC | Amount (USD) |
|---|---|---|---|
| Priya Sharma | priya@upi | — | 2,500 |
| Rahul Patel | 1234567890 | SBIN0001234 | 3,000 |
| Anita Reddy | anita.r@ybl | — | 1,800 |
UPI IDs don't need an IFSC code — Pym resolves the bank details automatically.
Bulk Payment Pricing
| Method | 10 Recipients × $2,000 | Annual Cost |
|---|---|---|
| Bank wires ($40 + 2% markup) | $800/month | $9,600 |
| PayPal (3%) | $600/month | $7,200 |
| Pym Business (1% markup) | $200/month | $2,400 |
Switching from bank wires to Pym saves $7,200/year for 10 contractors.
Scheduling Recurring Payroll
Don't want to upload a CSV every pay cycle? Pym Business supports scheduled payroll:
- Set up biweekly or monthly payroll
- Recipients and amounts are saved from your last batch
- Payroll runs automatically as long as your wallet has funds
- Get notified when payroll completes or if any payment fails
Who Uses Bulk Payments to India?
- Startups with remote Indian engineering teams
- Agencies paying freelance designers, developers, and writers
- Web3 companies that hold USDT and need to pay INR salaries
- Outsourcing firms managing teams across multiple Indian cities
- Content companies paying dozens of per-article contributors
Get Started with Bulk Payroll
Sign up for Pym Business (free account). Upload your first CSV batch and pay your team in under 30 seconds. Learn more about payroll features.