Payment Processing

Payouts Services

A payout refers to a solution to pay local service providers. We help and provide service to our clients for their payouts . Payout could be disbursing employee salaries, pensions, loan interest, process refunds, freelance incomes, etc. Payment service providers, such as Cashfree Payments, offer a robust payment disbursal solution that enables you to carry out payouts quickly, easily, and without any hassle.

Our Clients are Loan companies, insurance companies, MNCs, Travel Agencies.

Payout Service Offers

1. Make single or bulk payouts in a matter of seconds.

2. Send payouts round-the-clock to customers/vendors/service providers Leverage multiple payout methods including IMPS, NEFT or UPI

Use Cases and Examples of Payouts

Vendor Payouts – Payments made to a vendor by a business against goods or services purchased or availed. For instance, XYZ Ventures pays INR 20,000/- to ABC Logistics for shipping its materials across the country every month.

Partner Payouts – When a business pays certain commission to another business for helping them cross-selling their products or services. For instance, XYZ Ventures pays 2% commission to GHK Apparels on every item they cross-sell and help increase the former’s revenue.

Employee payouts – When a business pays its employees for their services. For instance, XYZ Ventures processes the salaries of its employees on the last day of every month for the services they’ve rendered.

Customer payouts – When a business pays back a certain amount of money to its customers as a gesture of gratitude or in the form of redressal. For instance, giving cashbacks or reward points to customers on every purchase they make or processing refunds against customer complaints or issues raised.