{"id":447,"date":"2026-02-27T15:24:02","date_gmt":"2026-02-27T09:54:02","guid":{"rendered":"https:\/\/cashfree.com\/blog\/?p=447"},"modified":"2026-02-27T15:24:05","modified_gmt":"2026-02-27T09:54:05","slug":"enet-hdfc-2","status":"publish","type":"post","link":"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/","title":{"rendered":"Cashfree Payouts: Smarter Alternative to Corporate Banking Solutions"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a8f1722d2259\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #364250;color:#364250\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #364250;color:#364250\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a8f1722d2259\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#Corporate_Banking_Solutions\" >Corporate Banking Solutions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#Difference_Between_Traditional_Corporate_Banking_Platforms_Cashfrees_Payouts\" >Difference Between Traditional Corporate Banking Platforms &amp; Cashfree&#8217;s Payouts<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#A_Modes_of_Payment_International_Payments\" >A. Modes of Payment &amp; International Payments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#B_Availability_Speed_of_Transfer\" >B. Availability &amp; Speed of Transfer<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#i\" >\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#C_Onboarding_System_Requirement\" >C. Onboarding &amp; System Requirement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#D_Ease_of_Adding_Beneficiaries_Bank_Account_Verification\" >D. Ease of Adding Beneficiaries &amp; Bank Account Verification<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#E_Processing_Bulk_Transfers_by_File_Upload\" >E. Processing Bulk Transfers by File Upload<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#i-2\" >\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#F_Handling_Transaction_Failures_Reversals\" >F. Handling Transaction Failures &amp; Reversals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#G_Scope_for_Automation\" >G. Scope for Automation<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/#Related_Post\" >Related Post<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><span style=\"font-weight: 400;\">ENET<em> HDFC, ICICI CIB, Axis Paypro, &amp; SBI Vistaar<\/em> are some of the commonly used corporate banking platforms used by businesses for bulk payments. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Businesses opt for traditional corporate internet banking as running a business requires making outbound bulk remittances such as <a href=\"https:\/\/www.cashfree.com\/blog\/vendor-payment\/\"><strong>vendor payments,<\/strong><\/a> partner commissions, employee wages etc. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">These payments are made regularly and hence, they need specialised infrastructure that can support the scale of transactions.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_Banking_Solutions\"><\/span>Corporate Banking Solutions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Corporate banking solutions involve manually uploading Excel files in a pre-defined format, for example, Few bank supports only text files. <\/span><span style=\"font-weight: 400;\">Therefore, the process can be tedious &amp; prone to errors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is a need for a better way to process bulk transfers with ease, especially for many new-age businesses with novel business models that revolve around moving money quickly &amp; in an automated manner. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Online marketplaces paying their vendors is one such example; online gaming companies disbursing winnings to players is another.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">At Cashfree Payments, we\u2019ve built <a href=\"https:\/\/www.cashfree.com\/payouts\/?utm_source=blog&amp;utm_medium=organic&amp;utm_campaign=smarter-alternative-to-enet-hdfc\" target=\"_blank\" rel=\"noopener\">Payouts<\/a>-a smart modern alternative to corporate banking solutions. It makes <strong><a href=\"https:\/\/www.cashfree.com\/blog\/bulk-payment\/\">bulk payments<\/a><\/strong> simple, fast &amp; automatic for businesses, with excellent customer support all along the way.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">In this post we will evaluate few corporate <strong><a href=\"https:\/\/www.cashfree.com\/blog\/next-gen-apis-payment-solutions\/\">banking solutions<\/a><\/strong> &amp; compare them with <a href=\"https:\/\/www.cashfree.com\/payouts\/\" target=\"_blank\" rel=\"noopener\"><strong>Payouts<\/strong><\/a>, as an alternative that is easier to get started, easier to operate &amp; is built to help businesses scale &amp; innovate.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Difference_Between_Traditional_Corporate_Banking_Platforms_Cashfrees_Payouts\"><\/span>Difference Between Traditional Corporate Banking Platforms &amp; Cashfree&#8217;s Payouts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"582\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/enet-hdfc-2\/infograph-1\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2018\/09\/Infograph-%E2%80%93-1.png?fit=600%2C700&amp;ssl=1\" data-orig-size=\"600,700\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Infograph \u2013 1\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2018\/09\/Infograph-%E2%80%93-1.png?fit=600%2C700&amp;ssl=1\" class=\"aligncenter wp-image-582\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2018\/09\/Infograph-%E2%80%93-1-257x300.png?resize=770%2C899&#038;ssl=1\" alt=\"hdfc netbanking login\" width=\"770\" height=\"899\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2018\/09\/Infograph-%E2%80%93-1.png?resize=257%2C300&amp;ssl=1 257w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2018\/09\/Infograph-%E2%80%93-1.png?w=600&amp;ssl=1 600w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"A_Modes_of_Payment_International_Payments\"><\/span><b>A. Modes of Payment &amp; International Payments<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 5px; margin: 0em;\" width=\"956\">\n<thead>\n<tr>\n<th width=\"50%\"><b>Corporate Banking Platforms<\/b><\/th>\n<th width=\"50%\"><b>Cashfree Payouts<\/b><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n<table style=\"margin: 0em;\">\n<tbody>\n<tr>\n<td width=\"100%\">\n<div style=\"text-align: center;\"><b>Modes of Payment<\/b><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"margin: 0em;\">\n<tbody>\n<tr style=\"vertical-align: top;\">\n<td width=\"50%\"><span style=\"font-weight: 400;\">Bulk transfers can be made only to a beneficiary bank account. It includes fund transfers (i.e within Bank\u2019s Branch Network), RTGS, NEFT, and DD\/ Cheque outsourcing. However, there are no instant modes.<\/span><\/td>\n<td width=\"50%\"><span style=\"font-weight: 400;\">Send money to any active savings or current bank account in India. Also, s<\/span><span style=\"font-weight: 400;\">end money instantly to any UPI-BHIM ID, PayTM wallet or debit card.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"margin: 0em;\">\n<tbody>\n<tr>\n<td width=\"100%\">\n<div style=\"text-align: center;\"><b>International Payments<\/b><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr style=\"vertical-align: top;\">\n<td width=\"50%\"><span style=\"font-weight: 400;\">Corporate banking platforms support only domestic transactions for bulk transfers.<\/span><\/td>\n<td width=\"50%\"><span style=\"font-weight: 400;\">Supports mass transfers from India to another country and also domestic transfers. The purpose of the transaction must be known while setting up the account.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"B_Availability_Speed_of_Transfer\"><\/span><b>B. Availability &amp; Speed of Transfer<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 5px; margin: 0em;\" width=\"956\">\n<thead>\n<tr>\n<th width=\"50%\"><b>Corporate Banking Platforms<\/b><\/th>\n<th width=\"50%\"><b>Cashfree Payouts<\/b><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n<table style=\"margin: 0em;\">\n<tbody>\n<tr>\n<td width=\"100%\">\n<div style=\"text-align: center;\">\n<p><b>Availability<\/b><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"margin: 0em;\">\n<tbody>\n<tr style=\"vertical-align: top;\">\n<td width=\"50%\"><span style=\"font-weight: 400;\">Only NEFT, RTGS &amp; bank transfers. When it&#8217;s NEFT, transactions can be processed only in batches during bank-defined hours. Even if it&#8217;s RTGS, it can\u2019t be processed on bank holidays.<\/span><\/td>\n<td width=\"50%\"><span style=\"font-weight: 400;\">Work 24&#215;7 and so, independent of banking hours.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"margin: 0em;\">\n<tbody>\n<tr>\n<td width=\"100%\">\n<div style=\"text-align: center;\"><b style=\"font-family: inherit; font-size: inherit;\">Speed of Transfer<\/b><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr style=\"vertical-align: top;\">\n<td width=\"50%\"><span style=\"font-weight: 400;\">No instant mode is available( unless it&#8217;s RTGS, which also does not process transactions on bank holidays).<\/span><\/td>\n<td width=\"50%\"><span style=\"font-weight: 400;\">Transactions happen instantly.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"i\"><\/span>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"C_Onboarding_System_Requirement\"><\/span><b>C. Onboarding &amp; System Requirement<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 5px; margin: 0em;\" width=\"956\">\n<thead>\n<tr>\n<th width=\"50%\"><b>Corporate Banking Platforms<\/b><\/th>\n<th width=\"50%\"><b>Cashfree Payouts<\/b><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n<table style=\"margin: 0em;\">\n<tbody>\n<tr>\n<td width=\"100%\">\n<div style=\"text-align: center;\"><b style=\"font-family: inherit; font-size: inherit;\">Onboarding<\/b><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"margin: 0em;\">\n<tbody>\n<tr style=\"vertical-align: top;\">\n<td width=\"50%\"><span style=\"font-weight: 400;\">Detailed application form to be filled &amp; submitted with all other documents in physical form. <\/span>\n<p><span style=\"font-weight: 400;\">Also, often bank representative needs to visit your office &amp; help you with system configurations. They also train you on operating the file upload process.<\/span><\/p>\n<\/td>\n<td width=\"50%\"><span style=\"font-weight: 400;\">100% online process with paperless KYC.\u00a0 Moreover, it allows you to make your first transaction almost immediately.<\/span>\n<p>You can chat with our experts or reach your dedicated Account Manager for real-time assistance during sign-up &amp; once your account goes live.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"margin: 0em;\">\n<tbody>\n<tr>\n<td width=\"100%\">\n<div style=\"text-align: center;\"><b>Setup &amp; System Requirement<\/b><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr style=\"vertical-align: top;\">\n<td width=\"50%\"><span style=\"font-weight: 400;\">Most platforms do not support Google Chrome &amp; therefore often require specific browser settings like JavaScript enabled.<\/span>\n<p>They also do not support the latest versions of MacOS. Also, some platforms may need digital signatures for identity verification every time a transaction is to be done.<\/p>\n<p><strong>Note: A digital signature once installed on a PC, net banking can then be done only on that PC.<\/strong><\/p>\n<\/td>\n<td width=\"50%\"><span style=\"font-weight: 400;\">Supports all Browsers as well as Operating Systems. Therefore, it requires no specific browser setting requirement. <\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"D_Ease_of_Adding_Beneficiaries_Bank_Account_Verification\"><\/span><b>D. Ease of Adding Beneficiaries &amp; Bank Account Verification<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 5px; margin: 0em;\" width=\"956\">\n<thead>\n<tr>\n<th width=\"50%\"><b>Corporate Banking Platforms<\/b><\/th>\n<th width=\"50%\"><b>Cashfree Payouts<\/b><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n<table>\n<tbody>\n<tr style=\"vertical-align: top;\">\n<td width=\"50%\"><span style=\"font-weight: 400;\">The beneficiary addition is always a manual process. So, for bulk transfers, in most cases, all the beneficiaries first need to be added &amp; approved in a multi-step process. <\/span>\n<p><span style=\"font-weight: 400;\">For example, few banking solutions needs you to fill in a 17-column file providing details of every beneficiary. Moreover, validation may take up to 24 hours, in certain cases for adding beneficiaries to corporate banking account, a letter signed by authorized signatories may be needed.<br \/><\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">Also, there is no way of <a href=\"https:\/\/www.cashfree.com\/blog\/verify-account-holder-name\/\"><strong>verifying if a bank account<\/strong> <\/a>being added is correct &amp; will go through.<\/span><\/p>\n<\/td>\n<td width=\"50%\"><span style=\"font-weight: 400;\">New beneficiary addition &amp; activation is instant. The user-defined cooling period can also be set.<\/span>\n<p><span style=\"font-weight: 400;\">So, for bulk transfers, no need to add beneficiaries. When you upload the excel file or use the <a href=\"https:\/\/docs.cashfree.com\/reference\/payouts-api-overview\">Payouts API<\/a>, new beneficiaries are added automatically.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Verification facility to check if a bank account being registered exists or not. It also verifies the name of the account holder at the bank. Thus, using the bank account validation API, this process can be automated for adding any beneficiary.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"E_Processing_Bulk_Transfers_by_File_Upload\"><\/span><b>E. Processing Bulk Transfers by File Upload<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 5px;\" width=\"956\">\n<thead>\n<tr>\n<th width=\"50%\"><b>Corporate Banking Platforms<\/b><\/th>\n<th width=\"50%\"><b>Cashfree Payouts<\/b><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n<table>\n<tbody>\n<tr style=\"vertical-align: top;\">\n<td width=\"50%\"><span style=\"font-weight: 400;\">Banks need files to be in a certain format. For example, few bank supports only text files (ASCII). If your payment file is in Excel or has a CSV extension, you need to convert it to the specified format and then upload it for processing. <\/span>\n<p><span style=\"font-weight: 400;\">The upload process is error-prone since the file name, file format, transfer date, &amp; beneficiary code need to be correct &amp; adhere to a strict format.<\/span><\/p>\n<\/td>\n<td width=\"50%\"><span style=\"font-weight: 400;\">Dashboard supports both single as well as bulk transfers.<\/span>\n<p><span style=\"font-weight: 400;\">Therefore, you need to upload a simple 4-column excel sheet containing just the account details &amp; the amount. A 2-step maker-checker authorisation to disburse can also be opted for.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"i-2\"><\/span>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"F_Handling_Transaction_Failures_Reversals\"><\/span><b>F. <\/b><b>Handling Transaction Failures &amp; Reversals<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 5px;\" width=\"956\">\n<thead>\n<tr>\n<th width=\"50%\"><b>Corporate Banking Platforms<\/b><\/th>\n<th width=\"50%\"><b>Cashfree Payouts<\/b><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n<table>\n<tbody>\n<tr style=\"vertical-align: top;\">\n<td width=\"50%\"><span style=\"font-weight: 400;\">Even when there is even a single error in the payment file, the entire bulk transfer will be blocked.<\/span>\n<p><span style=\"font-weight: 400;\">Checking the status of the rejected file is difficult for example, bank provides rejected file as a notepad file. You have to manually look for a reason for rejection-do the correction &amp; then upload it. For transactions that are rejected by the payee bank &amp; reversed into your account, the account statement needs to be checked manually &amp; hence, it is very difficult to reconcile.<\/span><\/p>\n<\/td>\n<td width=\"50%\"><span style=\"font-weight: 400;\">During the bulk transfer, if there are invalid records in a file, even then valid transfers go through. So, in the end, you get a statement which shows you a list of failed transactions along with the reason for failure. <\/span>\n<p>Rejected as well as reversed transactions are reconciliation by intelligent algorithms, so you can always know which transfer got reversed out of hundreds of transactions, &amp; why.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><!--more--><\/p>\n<h3><span class=\"ez-toc-section\" id=\"G_Scope_for_Automation\"><\/span><b>G. Scope for Automation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"height: 5px;\" width=\"956\">\n<thead>\n<tr>\n<th width=\"50%\"><b>Corporate Banking Platforms<\/b><\/th>\n<th width=\"50%\"><b>Cashfree Payouts<\/b><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr style=\"vertical-align: top;\">\n<td width=\"50%\"><span style=\"font-weight: 400;\">APIs for adding beneficiaries, initiating transfers &amp; reconciliation are not supported by few banking solutions &amp; also on similar corporate banking systems. Thus, transfers cannot be initiated on demand &amp; require manual intervention<\/span><\/td>\n<td width=\"50%\"><span style=\"font-weight: 400;\">Provides simple, developer-friendly REST APIs which are easy to integrate with your system. So, APIs allow payouts to be initiated on-demand &amp; processed instantly. Our infrastructure supports lakhs of transactions daily &amp; is battle tested<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong><a href=\"https:\/\/www.cashfree.com\/payouts\/?utm_source=blog&amp;utm_medium=organic&amp;utm_campaign=smarter-alternative-to-enet-hdfc\" target=\"_blank\" rel=\"noopener\">Cashfree&#8217;s Payouts<\/a><\/strong><span style=\"font-weight: 400;\"> is a unique API banking platform that automates bulk transfers. It also supports<\/span><span style=\"font-weight: 400;\"> manual ways. &#8216;<strong>Payouts&#8217;<\/strong> is used by businesses for first-of-its-kind use cases like instant refunds, on-demand wage disbursement, and also automated crowdfunding vendor settlements.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It also seamlessly integrates with our other payment collection products to offer a unified way for businesses to collect &amp; disburse money.<\/span><\/p>\n<div>So, <span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">want to upgrade from current net banking or the corporate banking solution you are using?<\/span><\/span><\/div>\n<div>\u00a0<\/div>\n<div>\n<div>Then, talk to our <a href=\"https:\/\/www.cashfree.com\/contact-sales\/?source-action=Payout%20Page&amp;action=Contact%20Sales&amp;button-id=ContactSales_Hero\" target=\"_blank\" rel=\"noopener\">experts<\/a>.<\/div>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_Post\"><\/span>Related Post<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul><li><a href='https:\/\/www.cashfree.com\/blog\/open-banking-api\/'>Open Banking API<\/a><\/li><li><a href='https:\/\/www.cashfree.com\/blog\/payment-success-page\/'>Payment Success Page<\/a><\/li><li><a href='https:\/\/www.cashfree.com\/blog\/test-cases-for-payment-gateway\/'>Payment Gateway Test Case<\/a><\/li><li><a href='https:\/\/www.cashfree.com\/blog\/banking-as-a-service-baas\/'>Banking As a Service<\/a><\/li><li><a href='https:\/\/www.cashfree.com\/blog\/types-of-e-wallets\/'>E-wallte Types<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Smarter alternative to ENET HDFC &#038; other corporate banking solutions. Now, make instant bulk payments even on bank holidays with Cashfree Payouts.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1383],"tags":[6203,5591,1404],"class_list":["post-447","post","type-post","status-publish","format-standard","category-payments","tag-corporate-banking","tag-enet-hdfc","tag-payouts"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cashfree Payouts: Smarter Alternative to Corporate Banking Solutions<\/title>\n<meta name=\"description\" content=\"Smarter alternative to corporate banking solutions. 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