2,00,000 Cr
Payout processed every year
1,000+
Payouts processed every second
> 50%
Market share in bulk disbursal in India
Do instant payout to users, customers, and vendors using Quick Transfer.
Add beneficiaries and do up to 10,000 bulk payouts in one go with a simple Excel file upload.
Integrate Payouts with your native solution and expedite up to 10,000 payouts via APIs.
Get a birds-eye view of your funds from the dashboard or an in-depth drill-down of all your transfers from Reports.
USE CASES FOR VARIOUS INDUSTRIES
TESTIMONIALS
Payouts is a powerful and secure disbursement solution that empowers businesses to effortlessly transfer funds to multiple recipients. Whether you need to disburse payments to individuals, vendors, partners, or employees, Payouts simplify the process, saving you time and effort.
With Cashfree Payouts, you can automate your bulk payments, ensuring direct, timely and instant payouts. You can connect your bank accounts, and make direct payouts! You can use the Payouts dashboard to do single or bulk payouts via Excel upload or integrate Payouts APIs with your product or ERP to automate bulk payouts. It eliminates the complexities of manual disbursements by streamlining your payment workflow, ultimately boosting your operational efficiency.
You can use Cashfree Payouts for a wide range of business use cases. Here is how some of the leading businesses in India are using Payouts:
Hyperlocal services like Grab and Dunzo use it for on-demand wage payouts.
E-commerce platforms like Nykaa and Xiaomi use Payouts APIs for instant refund processing.
Loan providers/NBFcs like DMI Finance and Branch use it for instant loan disbursals.
Gaming websites like Dream11 and RummyCircle use Payouts for real-time player's winning cashouts.
Marketplace platforms like Milaap and Tata Sky have integrated Payouts with their products for automated vendor payouts.
For faster Payouts account activation, signup here. Once logged in, click on activate Payouts and add your business details and upload copies of your business documents. Follow the steps to complete your account activation.
In case of any queries or if you are looking for a customized solution, get in touch with our sales team here. Our team will connect with you in 24 working hours. Meanwhile, you can also explore the product in test environment and use test API credentials to try out the integration before going live.
Bulk payouts via bank accounts happen by manually adding every beneficiary before transferring or by uploading a spfsheet on the banking portal. Cashfree automates bulk payouts fully via APIs and offers a much simpler alternative.
Unlike banks, where a single error in a payout file can block all the bulk payouts, using Cashfree, even if there are invalid records in a file, valid transfers go through. Reconciliation for failed and invalid transfers is automated so you always know which transfer failed out of hundreds of payouts, and why. At Cashfree, new beneficiary addition and activation is instant.
Cashfree also allows you to send money to any Paytm Wallet, Amazon Pay Wallet, UPI ID or native wallets in addition to bank accounts, even on holidays. Lastly, all of this can be automated and built into your product or internal systems using our powerful Payouts APIs.
Yes, it is possible to send bulk payouts to beneficiaries in India from another country using Global Payouts.The funds can be added by the businesses in USD, EUR and other freely convertible currencies. The purpose of the payment must be known while setting up the account.
An Indian business can also send a payout to other countries. However, there are restrictions around the volume of payments and the purpose of payments. Get in touch with us to learn more.
Collect customer payments, make payouts, manage international payments and so much more. Create your account or contact our experts to explore custom solutions.
Easy onboarding
Dedicated account manager
API access