Payouts by Cashfree Payments is a robust disbursal solution that enables businesses to manage and send payments for use cases such as vendor payouts, customer refunds, and salaries. It removes the need to upload complex Excel files to corporate banking portals for bulk transfers. Simplify payout disbursals with Cashfree Payments’ powerful Payout APIs and user-friendly dashboard. With Payouts, you can make instant payments through simple in-product integration. Payouts are a better way to:
  • Send money round-the-clock instantly to your customers or vendors.
  • Manage multiple payout methods: IMPS, NEFT, UPI, Mastercard (MoneySend), Visa (Visa Direct), and digital wallets (Amazon Pay & Paytm).
  • Control, analyse, and automate every aspect of your business payout needs in real-time.
Payouts are currently supported only in INR. Other currencies aren’t supported at this time.

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Use cases

  • Leading delivery services use Payouts to pay wages/incentives to their delivery partners on time.
  • Leading e-commerce websites use Payouts to send out instant refunds for canceled orders to their customers.
  • Some of Cashfree Payments merchants use Payouts to send and reconcile vendor payments.

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Benefits

  • 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 using the dashboard.
  • Automatic reconciliations.

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Payouts payment flow

Overview of the Payouts payment workflow: See Make Payouts to Customers to know the step-by-step procedure to make a payout.