Jul 2, 2025

How Nearpays Recurring Payment Tool Automates Your Payroll and Vendor Payments

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Payroll shouldn't feel like a fire drill. But for many HR and finance teams, it still does.

Every month, the same scramble occurs—opening spreadsheets, copying account numbers, sending one payment at a time, and manually double-checking transfers. It’s not only exhausting, it’s a waste of time.

That’s why we built Recurring Payments on Nearpays.

It’s not a fancy feature. It’s a practical fix to a real problem. Whether you're managing payroll for 5 people or 50, this tool handles the heavy lifting so that you can focus on everything else your business needs.

Let’s walk you through how it works—and why you’ll never want to go back.

What Is the Nearpays Recurring Payment Tool?

At its core, Recurring Payments lets you automate monthly payments to your staff, vendors, or service providers—without repeating the process every time.

You enter the details once. We handle it from there.

No more retyping account numbers or setting reminders. No more payment delays. Just a system that works, every month, like clockwork.

How It Works (Simple, Step-by-Step)

1. Log in to Your Corporate Dashboard

Head over to dashboard.nearpays.com and log in to your business account.

2. Click "Schedule Payment" from the Sidebar

This is where all your automated payment schedules will live.

3. Set Up a Payment Schedule

Fill in:

  • Title of the payment (e.g., “June Payroll”)
  • Schedule type (monthly or one-time)
  • Start date
  • Beneficiary name & email
  • Amount

Click “Create Payment Schedule” and you're done.

4. Add Multiple Beneficiaries (If Needed)

Want to pay more than one person at once? Click “Add to Schedule” to keep building your list.

5. Save Beneficiary Details via the Mobile App (Optional)

For security and ease, you can save all payment recipients on your Nearpays mobile app. This ensures data is accurate and pre-approved before it shows up in the dashboard.

Key Benefits for HR, Admin, and Finance Professionals

  • Saves Time: Once a payment is scheduled, Nearpays handles it. No repetitive entries or last-minute checks.
  • Reduces Errors: Manual entry is risky. With recurring payments, you set it once and reduce the chance of missed or incorrect payments.
  • Boosts Transparency: All scheduled payments can be tracked from your dashboard, with full visibility for audits, reviews, and reporting.
  • Scales with You: Whether you’re a team of 3 or 300, this tool fits your business, without extra cost or setup.

Real-World Use Case

A logistics company in Abuja with 18 riders used to process salary payments manually each month. It took nearly 3 hours, involved two different people, and sometimes caused delays that left staff waiting.

Now, with Nearpays Recurring Payments, one person handles it all in under 15 minutes. Salaries drop on the same day, every month—no calls, no stress.

They’ve since added vendor payments to the schedule, making cash flow more predictable for their partners, too.

Who Should Be Using This?

  • HR Managers who are tired of chasing spreadsheets and approvals
  • Small business owners who want a smoother way to pay their team
  • Admin officers who want fewer moving parts in their workflow
  • Finance leads who need accuracy, speed, and control in one place

If you handle payments in any form, this tool was built for you.

Ready to Stop Repeating the Same Payroll Tasks?

There’s no extra software to install. No new device to buy. Just log into your Nearpays dashboard and start scheduling.

It’s simple. It’s secure. It saves you time.

Start with Recurring Payments on Nearpays

Looking for more ways to simplify your business payments?

Explore Nearpays SoftPOS, Corporate Dashboard, and Virtual Dollar Cards to power your growth.

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