What is Payouts & its key features?

Payouts by Cashfree Payments is a robust payment disbursal solution that allows businesses to send and manage payments for use cases such as vendor payouts, customer refunds, salary payouts etc. Payouts eliminates the need to upload complex excel files to traditional corporate banking portals for bulk transfers, and provides the best success rate 0f 99.98% in the market for successful money transfers. 

Supported Payouts modes - UPI, IMPS, RTGS, NEFT, Mastercard (MoneySend), Visa (Visa Direct), digital wallets (Amazon Pay & Paytm).

 

Key features -

  • Do instant payouts, 24x7, even on bank holidays
  • Add or delete any number of beneficiary accounts
  • Do bulk payments instantly (up to 10,000 transactions in a minute)
  • Track each account separately using the dashboard
  • Automatic reconciliations

 

Click here to know more about how you can use Payouts efficiently for your business.

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