Multiple Money Transfer is an iyzico service that enables our merchants to send money to multiple recipients. Unlike traditional methods, this method does not require any technical knowledge and allows money transfer within minutes by uploading a single csv file via iyzico Control Panel.

In order to use the Multiple Money Transfer service, it is sufficient to have this feature defined in your approved iyzico account. To activate this service, you can contact your account manager or us via [email protected] In order to use the service, it will be sufficient to upload the recipient information (name, surname, phone, email) and the amount to be remitted as a csv file to the iyzico platform. iyzico platform will process each line (payment) within seconds and provide you with a detailed report about the money remittances.

As soon as a Multiple Money Transfer request is made on iyzico platform, the recipients specified in the csv file will be checked instantly. If the recipients have an existing account on iyzico, the amount of money specified in the file will be remitted to the relevant account within seconds. If the recipient does not have an iyzico account, iyzico will send an e-mail and SMS to the recipient informing them that a money transfer is made through iyzico and that an iyzico account must be opened for the transfer to take place.

Transaction statuses resulting from Multiple Money Transfer can be as follows:

Sent: Buyers who are iyzico members received their payment in iyzico account within seconds. Pending: Buyers who are not iyzico members must become iyzico members within 30 days to receive the payment. Recipients can access the payment to their iyzico account as soon as they become a member. Expired: Recipients who have not become iyzico members within 30 days will be shown as expired. In this case, the transferred money will be returned to the sender.

Each recipient is informed about the sending of funds by e-mail and SMS.There may occur 3 status for recipients.

If the recipient e-mail specified in the csv is a member of iyzico, money will be transferred to the recipient's account instantly.The recipient can access their current balance by logging into their iyzico account.

If the recipient has an iyzico account with a different email than the one specified in the csv, the sender (merchant) can change the recipient email in the csv.Or the recipient can create a new membership with the email specified in the csv. If the recipient does not have any account with iyzico, they will be directed to iyzico membership page via email and SMS. Buyers can create individual or corporate membership here. The recipient can access the amount sent to his/her account once his/her membership is approved.