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Beneficiaries

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Send money

To

Aisha Bello

Bank account · ****1234

₦50,000

Instant · ₦0 fee

Chinedu O.

Savings account ····5210

₦25,000

Folake S.

Current account ····8834

₦12,500

Illustrative · not a live account

HaloManage Beneficiaries

Organize Your Recipients, Simplify Every Payment.

Halo Beneficiary Management helps businesses securely store, categorize, and manage payment recipients in one centralized dashboard.

Why Businesses Manage Beneficiaries with Halo?

  • Smart Beneficiary Categories

    Organize recipients into Employees, Contractors, Suppliers, or custom categories.

  • Secure Recipient Storage

    Save account details safely to eliminate repetitive manual entry.

  • Bulk Payment Ready

    Select multiple beneficiaries instantly for payroll and vendor disbursements.

  • Approval & Audit Trail

    Track who initiated, verified, and approved every transaction.

HaloBeneficiaries Features

How Halo Beneficiary Management Works

From employees and contractors to suppliers and partners, streamline your payouts while maintaining structured approval control.

Open AccountSchedule a Demo
01

Add or Import Beneficiaries

Manually add recipient details or upload bulk lists for payroll and vendor payments.

02

Organize Into Categories

Create custom groups such as Employees, Contractors, Suppliers, or Departments.

03

Select & Initiate Transfer

Choose single or multiple beneficiaries when making payments.

04

Track & Manage Transactions

Monitor transaction status, export reports, and view full audit history.

Built for Structured Payment Operations

  • Default & Custom Categories

    Preloaded categories like Employees and Suppliers, plus unlimited custom groups.

  • Search, Filter & Export Tools

    Quickly locate beneficiaries and export transaction history in CSV or PDF formats.

  • Payroll & Vendor Management

    Store net salary details and payout records for recurring payments.

Who Halo Beneficiaries Is Designed For

  • SMEs Managing Working Capital

    Run structured employee payments without re-entering details every month.

  • Finance & HR Teams

    Centralize salary records, vendor details, and payout tracking.

  • Multi-Account Signatories

    Operate across multiple company accounts with clear visibility and governance.

Ready To Scale Your Business Finances?

Join forward-thinking companies using Halo to streamline operations, optimize cash flow, and accelerate growth.

Get StartedSchedule a Demo
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Banking services are provided by Halo Microfinance Bank Ltd, licensed by the Central Bank of Nigeria (CBN) for microfinance banking.

Halo

Halo brings regulated banking and investment management together in one place — helping Nigerians and Nigerian businesses save, invest, and grow. Banking by Halo Microfinance Bank Ltd (CBN-licensed, NDIC-insured). Investments by Halo Nigeria Capital Management Ltd (SEC-licensed).

Personal Banking

  • Savings
  • Investments
  • Banking
  • Communities

Business Banking

  • Transfers
  • Placements
  • Beneficiary Management

Banking-as-a-Service

  • Company Wallet
  • Account Management
  • Embedded Savings & Investments

Quick Links

  • About Us
  • Meet The Team
  • FAQs
  • Contact Us
Licensed by CBN
Microfinance Banking
SEC Regulated
Investment Management

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  • Account Deletion

Halo Nigeria Capital Management Ltd — SEC-licensed  |  Halo Microfinance Bank Ltd — CBN-licensed

Banking services are provided by Halo Microfinance Bank Ltd, a microfinance bank licensed by the Central Bank of Nigeria (CBN). Asset and investment management services are provided by Halo Nigeria Capital Management Ltd, licensed by the Securities and Exchange Commission (SEC). Our financial products and solutions cater to the banking and investment needs of individuals and institutional clients. We provide investment services and other financial products through our web and mobile applications.

© 2026 Halo Nigeria Capital Management Ltd and Halo Microfinance Bank Ltd  |  All rights reserved

29A Berkeley Street, Onikan, Lagos