Introduction
Overview and Workflow
PayU offers Payouts as a product for businesses to make instant payments to diverse customers. Payout in general terms means a large amount of money to be paid off to the beneficiary. It is a reliable and secure payment option for all types of businesses that eases substantial monetary transactions.
Reference:
To register as a merchant and start using Payouts, refer to Register for a Merchant Account and contact your PayU Key Account Manager.
Why choose PayU Payouts
You can make single or bulk payments through Payouts API Integration and an easy-to-use Dashboard.
Features
- Single-click Bulk Payments
- Connected Baking
- IMPS, NEFT, RTGS and UPI support
- Exclusive Merchant Dashboard
- Account Verification Support
- Reliable APIs and Webhooks
- Self-service Onboarding
- Sub-account Structure
Benefits
- Experience smooth Onboarding
- Run Payouts Integration in parallel to Onboarding with few easy steps
- Enjoy automated and quick transfers with simplified reconciliation
- Secure and reliable service with retry payment support
Payouts: Use Cases
- Payroll Processing – Disburse employee salaries, rewards and bonuses quickly
- E-Commerce – Initiate bulk refunds for online purchases
- B2B Vendors – Bulk payouts for B2B vendor payments
- Marketplace sellers – Make instant payments for marketplace sellers
- Advertising & Affiliates – Make bulk payments instantly to affiliate partners
- Lending – Quick and hassle-free loan disbursement
- Insurance – Make payouts to settle insurance claims of customers quickly
- Online Gaming Reward – Automate transfer of in-game winning
- Domestic Money Transfer – Make Domestic Money Transfers instantly
Before you begin
PayU strongly recommends you test your integration using the test credentials. For more information refer to Test Credentials.
Updated 10 months ago